protechtor (@protechtor) header
protechtor (@protechtor) profile picture

Crypto trader/investor since 2014, $BTC, $ETH, $XRP, $CRV technical analysis. No investment advice. Educate and help navigate. Occasionally found in 馃惏 holes.

California, USA
Joined January 2010
$CRV Dialed this in a bit more to show measured target for H&S top pattern. Getting closer.
1
309
ripple:native Weekly... stepping back. Stair stepping up. Notice the red diagonals. Same exact angle of ascent. Notice the price pattern. Very similar in shape. Notice what happened in 2022 - 2025 (post bear market). Moving within a range, capped by resistance, but trending higher... followed by a rally up through resistance, and resting on support and in another (higher) range. Will this pattern repeat? My guess... not exactly, but so far it is rhyming very well. Note a difference fundamentally during the 2022-25 doldrums... The Ripple SEC suit was very much active during this time, with the party in power waging active law-fare against crypto. Fast forward to now... the lawsuit is over. However, the fact that the Clarity act was unable to pass this summer, and that the same party that waged law fare before... are poised to take back power at least in the House of Representatives a few days... the parallels to 2022-25 are obvious, albeit perhaps not as extreme... yet. For now, if patterns rhyme at all from prior cycles, we are in the first months of a multi year bull market, where price may range, with an upward trending bias, before the next attempt to climb to the next landing.
7
1
25
1,361
ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52 H&S top. Measured target near .2386. I view this correction as a wave 2, so am not looking to get short, but more as a potential target for entry for another leg up, should we get there.
2
9
954
$BTC $QQQ. Everyone is hitting the sell button today. Binance: $2.5B+ out in a suspected hack. $GOOGL: -13%. People sell first and ask questions later. The baby gets thrown out with the bathwater. That's where opportunity shows up... eventually. 馃У馃憞
1
2
470
Replying to @GVOCollective
A consolidation/base is a good thing. The trend is your friend.
1
35
ripple:native The power of the range. Shall we send it back up?
2
1
41
1,007
Replying to @GVOCollective
Daily Bbands - SMA acted as the cap today. Still in a downtrend until we get above that average on the daily.
1
1
21
ripple:native. Bounce.
$XRP stepping back from the sea of short term red. I am going to speak primarily in cycle level terms here. Each timeframe you look at needs to have its own analysis. I am not presently trading short time frames. I mostly spend my time on weekly... sometimes daily, and monthly to zoom in or out. When I place positions for a cycle trade, I sometimes zoom all the way in to 45 min to optimize opening or closing a position, but only after I have a clear setup on the higher time frames. Ok. That out of the way... High time frame resistance and support bands shown. Lower time frame support below (green line for simplicity on this post, but its really a small band)). We are in a range. We have been since early 2026. We are actually in a range within a range right now between LTF support, and HTF resistance. If we test the bottom of the range and hold above it, that is bullish. If price fails and we head below, it is bearish on lower time frames, but since we are still in the HTF range... above support, and below resistance it is still not bearish on HTF. Simple concepts, I know... discipline in executing it... a different story. Why? Emotions. When prices are at the bottom of ranges, especially on HTF's... sentiment is usually very bad. At the top of ranges, usually exuberant. $XRP likes to range for a long time. If you chase it, and buy at the top of the range, you will lose money. If you sell at the bottom of the range, you will lose money. You want to sell at resistance and buy at support.
4
3
35
871