¡Only the begining, stay alert!Hello trader comunity! We are seeing that the markets want to change their trend. More especifically the people thats is behind the computers wants to make gtains after two trimesters in loss. In the other hand, the DXY is fatally crushing after reach the level of 114 and we are seeing lower highs as the index cling to supports. The pair USDJPY after reach the level of 152 gets a reaction from the bears of the pair and then found support in the level of 147 (ema 21). Next week we have de interest rate decision of the Bank of Japan, event that could bring volatily to the pair. But what we must see is how the DXY start the week, anf if it continuos dropping behind 112 ( acting as resistance), we expect a recover from the US500, pairs against the dolar, and the crypto market. This is not a financial advice, good trades and profits!
Crypoto
#btcstarburst THIRD TIME IS A CHARM!!This is another look at a GANN study… Here we see the bounce, If we are heading to the 60k region and it kind of looks like it, maybe we break through clean.. There are three options on the board… Support levels look pretty good… fear and FUD is falling… So the question really is hold and buy or Sell? BTC will always go up long term… It always has. We could be in for a massive double Bottom… and or Not…. Either way DCA safely this is time to accumulate 25k-45k is a quality buy especially if you are a HOLDER… If we ever spike to 11k something is definitely off in the market, THE FUD that comes out is timed to perfectly!! This is a study
BTCUSDUsing price, fib and psychological price factors that are highly relative to bitcoin we are looking for small pullback again tom help balance market.
failed to break and close above 0.78 on fib on 4 monthly and 4HR. signalling pullback to $16200.
Enter short here tight SL large TP. Great risk/reward trade.
Enjoy any questions comment or message me thanks guys!
BITCOIN TRIANGLE/FLAG LONG|TRADING PLANBitcoin has broken out of the long term resistance line and is currently consolidating below the new horizontal resistance, in a bullish flag/triangle.
Given the above-written, our target trade is a long.
TRADING PLAN:
1-Wait for the breakout
2-Make sure it is confirmed
3-Go long
4-SL below the triangles horizontal resistance
5-Take by trailing stop after 1:1,5 50% take
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XRP/USD Touched $0.3329 but failed to hold groundOn the intraday charts, the initial support for XRP/USD comes at $0.3350. It is created by SMA100 (30-min) and SMA50 (1-hour). Once it is cleared, the downside may be extended towards 61.8% Fibo retracement at $0.3220. This area is likely to slow down the sell-off. However, a sustainable move lower will expose psychological $0.3200 and the Sunday’s low $0.3175.
On the upside, the initial resistance is created by a confluence of SMA100 (1-hour) and SMA50 (4-hour) at $0.3280. It is followed by a psychological $0.3300 and the recent high of 0.3329.
The price slipped back into the mundane trading range of 2019 after bulls failed to maintain upside momentum. Ripple may have a hard time as banking and high-tech giants enter the market. Buy About 0.2750 level first traget 0.3300 level and final target 0.3550 Area.
On the Downside, XRP/USD break 0.2550 level then sell XRP first target 0.2400 and 0.2200 Area. Another sell position XRP touch 0.3550 level Sell XRP/USD target 0.3200 and 0.2700 level.
NEWS:
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** Google Play and Apple Store users will soon have access to XRP-backed payments.
** XRPayments has the ability to convert all the supported smartphones into Point-of-Sale (PoS) system.
** XRP users report on crypto ATM in New Jersey that supports XRP transactions. CryptoMedia News Desk uploaded a video where a user buy some
XRP coins with his debit card and send them to TrustWallet wallet.
** Ripple as a blockchain startup has been successful in promoting its cross-border payment solution with numerous partnership deals with such
financial heavy weights as Banco Santander, Western Union, and UAE Exchange.