Brandon_Cooper

Brandon_Cooper

Good day my fellow crypto traders, HODlers, speculators and critics! Before I get into the technical side of things I would like to mention to those who are not aware of the ZKSync release which is a huge milestone in the ZK-rollup space. In laymen's terms ZKSync is an update that offers low gas and fast transactions, without compromising on security. The ZKSync...

Brandon_Cooper

Good day all. BTC is currently showing many bullish signals along side the BTC spot ETF news, which is currently in regulatory review but has more or less been approved by the SEC. This news alone is revolutionary for the market, however, we have not seen close to the gains one would expect out of this news. some would say it is due to the the XRP win over the...

Brandon_Cooper

So for those of you who do not know yet, I'm glad to be the one to let you know that XRP/Ripple has officially been ruled in favor over the SEC and is NOT deemed a security. After all these years the XRP tree has finally bared us juicy fruit. The reason I am suspecting the beginning of the next bull market is obviously based on the fact that XRP has won the case,...

Brandon_Cooper

Good day, I would like to speak about the price action on XRP in a smaller time frame in order to catch those smaller price movements. As you can see from my title I am leaning towards a bit more action to the downside around the $0.40 range before we have a pushback up to previous resistance levels seen in the $0.50 range. On the 26th Sep, we broke out of a...

Brandon_Cooper

Good day all, This article is an extension of my previous article, which basically explains the direct correlation to the previous bear market structure. The first article is recommended to be read prior to this and therefore I am linking it below: Now that you have scoped that article all of this will make sense. I have zoomed the time frame to the daily...

Brandon_Cooper

History does not repeat itself however, it does rhyme . The correlation between the 2018-19 bear market and the most current bear market is not a splitting image however you can see a clear outline of a potential direction following the recent colossal uptick in price. In the previous bear market, the period between the first red candle and the last major green...

Brandon_Cooper

Good evening beautiful people. XRP has been killing it these past few days due to the info regarding the summary judgment in the Ripple vs SEC case. This news has conveniently placed the price against the current resistance of the bear flag we are currently riding. This level of resistance has proven to be strong therefore, I think the price action is going to...

Brandon_Cooper

Good day I woke up this morning confused about why the market reacted the way it did and wondered what the reason for this move was. After clearing my chart up and reanalyzing it all I found that this bearish flag made more sense however, it was hard to draw up prior to this move based on the fact that the previous support did not express itself clearly until...

Brandon_Cooper

Good day We have all heard the news regarding the FED increasing interest rates in order to solve the inflation "crisis" we are currently enduring. Some say this is great, some say this is horrible, however, overall this move was inevitable as markets such as this are cyclical and manipulatable by those who control monetary policy. For those who are in the market...

Brandon_Cooper

Good evening all! The total market cap is currently ranging even though it has had a large bearish candle on the 4 hourly charts. I cannot predict the market however, I can put a few psychological indicators together and estimate the most likely event to follow. The most recent move can be seen as a breakout of a bearish flag formation. we are still in a range...

Brandon_Cooper

BTC had been consolidating for a few days before breaking out very recently... I will give you a second to quickly look at your portfolio for the 100th time today to notice this price change. Based on the range which acts as a flag formation, the target for this move puts us in an area below 19k, thus the title. There are 2 targets as seen above ( $18228 -...

Brandon_Cooper

Today I will be diving into the short-term fluctuations XRP is currently enduring. On the 2 hourly charts, it is clear we have broken out of an ascending triangle formation. This formation may have a neutral probability however, the bearish probability in this instance was stronger due to this triangle being part of a series of smaller patterns influenced by a...

Brandon_Cooper

As we all know we are currently in a bear market however, there are a lot of opinions going around that the market has bottomed out followed by the absolute opposite. In the following paragraphs, I shall give my opinion on the current market using a reference to the MACD indicator and the direct correlation to previous price action in comparison to the current...

Brandon_Cooper

The market is currently on route to levels lower in the following days to come. This statement will be justified in the paragraphs that follow. Flag break: The market was trending in a bearish flag formation starting on the 18th of June and has recently broken out on the 19th of August. The breakout target levels for this flag formation puts the total market...

Brandon_Cooper

A clear breakout has arrived as we have shot above the level of resistance (fib 50%). We should be seeing a $0.36 price soon before the bears take over again. Thank you

Brandon_Cooper

After the breakout we had the other day the price has finally consolidated on a key level of support (fib 61.8%-65%) with the 50% fib sitting perfectly on top of the current short term high of $0.348. This consolidation depicts health in the market as the market is not in an oversold state and therefore increases the probability of further decline in the medium...

Brandon_Cooper

The price has officially broken out the consolidation range to the bears. The target point for a reversal is still at at $0.28 however there is a few levels of support before the price reaches this point, these support levels were sourced from the fib retracement of the current wedge formation. The price has bounced off the golden ratio, (62.8% fib) so the price...

Brandon_Cooper

Good day all, Let me jump straight in. XRP is currently trending sideways following its multiday uptrend (flag formation). It is clear that the flag is a bearish sign, However there are a few factors to take in consideration before being sure of a bearish break. The price action is placed in between 2 fairly strong support and resistances. Resistance being the...