cnote56

cnote56

We clearly see a breakdown from the prior Elliot Wavew counts. I must admit I was wrong with my optimism. Regardless, the breakdown does conform with many of the more prolonged timeline pressures for XRP (See ISO20022 SWIFT CBRP+ Timeline ). Regardless, this is a good thing. The opportunities to fill bags at these prices may never be seen once cross-border...

cnote56

TON has SOARED in this bill run, but have we seen the top? I think so and the added distribution of tokens as ad revenue from Telegram is going to put a lot of selling pressure on the token. Maybe we see 2.5 as the bottom. It we gotta a ways to drop until then.

cnote56

There is a concept in cryptocurrency trading... "Max Pain." But first, we have to understand a Bull Flag Pattern . In the context of a highly volatile cryptocurrency marketplace, a **bull flag pattern** is a significant indicator in technical analysis ⁶⁷⁸. This pattern is typically formed during an uptrend and is considered a continuation pattern, suggesting...

cnote56

I've counted off a possible 5th impulse wave for XRP. I'm also studying Elliot Waves and have gathered a few high-level points to keep in mind while we watch this bull market germinate. The Elliott Wave Principle, is a technical analysis theory that describes the movement of financial market prices based on investor psychology and natural patterns. 1. The...

cnote56

Let's explore the fascinating world of **bull flag patterns** in the context of highly volatile assets like cryptocurrencies. **What Is a Bull Flag Pattern?** - A **bull flag pattern** is a technical chart pattern that appears during an **uptrend** . - It consists of two main components: - **Flagpole** : A steep rise in price (represented...

cnote56

Is this Fibonacci sequence level a ceiling or a floor for XRp? Are we dancing, or will this become a wake for higher prices? **Fibonacci retracement levels** are essential tools traders use to analyze stock prices. **What Are Fibonacci Retracement Levels?** - **Fibonacci retracement levels** stem from the **Fibonacci sequence**, a set of numbers...

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Is BTC finding its top at the end of the ride, and now the market rollercoaster starts? Are we about to see a sell-off and a retracement period? Let's delve into the fascinating world of market cycles, especially in highly volatile asset classes where all-time highs (ATHs) have recently been reached. 1. **Volatility Cycles and Behavior** : - ...

cnote56

LTC looks like it is returning to yesterday's gains, but I see this is just profit-taking, which is just fine. Each investor has their own profit and loss expectations, and I'm glad to see this kinda red getting painted today. So, let's look at what it means to be an investor in a highly volatile asset class such as crypto. Investors need effective strategies...

cnote56

Somebody call the Law! WE GOT A BREAKOUT!!!! We'll need to see a confirmation candle print on this tomorrow and stay afloat above $0.70, but perhaps we're seeing the first stage of the rocket spark and rumble. I'm hopeful we can hold on to this territory, and then we'll see a lot of the XRPLverse gain traction as well.

cnote56

Could the Altcoin season just be getting interesintg with ALGORAND running into an impulse wave? Let's talk about Elliot Waves. Certainly! **Elliott Wave Theory** is a fascinating approach to technical analysis that identifies recurrent long-term price patterns based on changes in investor sentiment and psychology. Let's delve into the key concepts: 1. **What...

cnote56

Today, LTC is breaking the bUll Flag. It's been printing, and, I think we will have these next fib-levels to look for as stop losses or profit points. However you trade, enjoy it. And THIS IS NOT FA. DYOR.

cnote56

We've been lucky enough to watch the parabolic begin on Flare's chart. This plots a Fibonacci retracement from the recent breakout and lays down support that we might retest.

cnote56

Looking at the daily chart for ETH, I'm seeing some good progress here to show solid gains and good support for this price action. While I don't personally like ETH or its blockchain technicals, I do appreciate the impact this token will have on others in the next Altcoin season, where I hope to see some of the wealth rotate out of ETH and into smaller Altcoins....

cnote56

Is it possible that XRP is retesting a prior support/resistance level? and if so, with all the momentum built up from the BTC ETFs and ETH knocking on 3K makes for exciting times in crypto. I'm looking at the pressure on XRP and if we see some resurgence in buyers the volume will dictate whether we see a spring breakout or if we're in for another few months of...

cnote56

Another one of my favorite ISO20022 Coins is XDC. XDC looks to take a bite out of cross-border payments. Here we see XDC lagging behind its sister tokens such as XRP and XLM for a breakout, but I'm hopeful this one correlates back to tXRP and XLM's patterns. I've laid an old bars pattern of a prior breakout of XDC over this one to show the potential for a...

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Checking back in with the STELLAR chart, we see the price action is still within our plotted triangle pattern. This token is akin to XRP. As such, I'm expecting this token to pair with any positive news or price action we see affecting XRP and Ripple. I note there is likely a lot of buying pressure to realize here and liken it to holding a beachball underwater....

cnote56

Many bull flags printed in recent history show some bullish price action on this Sologrnic chart. Meant for the tokenized stock market that NASDAQ is supposedly building, Sologrnic appears to be an ETH-like token on the XRPL that looks to facilitate a decentralized stock and tokenized asset marketplace. Here, the chart shows us a bottom forming in the recent...

cnote56

ETH is banging off a Fibonacci Level. And here's what we need to remember about the 1.618 level that ETh just rejected. 1.618, also known as the Golden Ratio, holds special significance. Here's why: Mathematical Relationship: The Golden Ratio is an irrational number roughly equal to 1.6180339887. It is found by dividing a number in the Fibonacci sequence by...