Cyrptocurrency
XRPUSD Trade Analysis 22.04.2020Hello Traders,
Ripple is stuck between 0.18 - 0.20 area. There is two possible option on Ripple;
One is break above 0.20 level will lead us 0.23 - 0.25 area.
Another one is if price break below 0.18 level and we will see the 0.13 - 0.14 area again.
Good luck!
Thank you for your support!
Forex42
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btcusdHello Traders, here is the full analysis for this pair, Simple tools for support, resistance and trend
Now the bullish trend line has been broken.
Is this break real or fake?
If it is real, I prefer not to return and close above the specified levels at $ 7300.
Back and close up above complete buying targets
Or the landing journey now begins to the downside targets
Waiting for a sell signal and buy signal on the Japanese candles to test the seller’s and buyer's presence in this area
let me know in the comment section below if you have any questions,
Bitcoin Correction * Futher breakdown in description*Looking at another push to the downside. We have just seen a strong rejection at multiple levels of resistance. Trend has been broke we a high momentum candle and a flag is now forming on the 1hr.
Targets : T1 @ 65 T2 @ 60
Further breakdown in comments below.
BTC Analysis With the current U.S government stimulus investors may gain confidence , even though it may be short lived . With that once BTC breaks through the first resistance/support price zone we can see it retesting that price zone to make a mark up to the 10,000-9,000 price zone... Or BTC can continue on a steep down trend and If So BUY MORE for the future!!! ;)
BTC Long- 78.6% Fibonacci, Counter Trendline Retest and SupportAs you can see BTC is getting ever closer to tapping the 78.6% Fibonacci Retracement that perfectly aligns with the Counter Trendline retest too. Further confluences such as the level of 4 hourly Support that is located just beneath our Entry zone also validate this setup.
BTC/USD LOOKING PROMISING BTC HAD BROKE ABOUT 10100$
AS OF NOW IT COULD BREAK PREVIOUSE RESISTNANCE
COMMING OFF A 1HR HEAD AND SHOULDERS THAT
FORMED YESTERDAY,OVERALL WERE STILL GOING LONG
WE SHOULD SEE A LITTLE RESISTANCE AROUND THIS CURRENT AREA OF 10200$
SO KEEP A CLOSE EYE ON A BREAK AND RETEST OR TEST THE CURRENT TRENDLINE
ON A SHORT
FX.LAVISHLIVING
A mathematical price for bitcoinDisclaimer : I am not a professional. But i have been calculating bitcoin price. Below is the tentative value of bitcoin, considering the value is ranging between 7-8K.
Purple line is 50 weekly Exponential Moving Average and Red line is 200 weekly Exponential Moving Average.
Green line is tentative value of bitcoin.
50 Weekly EMA is starting in dec end and would keep going up in April of 2020.
200 Weekly EMA is starting 4 yrs ago where the value was around 350$ so red line direction would be up.
If the demand remain the same , after the halving bitcoin would skyrocket in first quarter of 2021.
I see buying bitcoin at around red line is cheapest. But if you would ask me , I would be buying now.
KEYUSDT forming bullish BAT | Upto 12.5 percent bullish movePriceline of Selfkey / US Dollar is forming a bullish BAT pattern and soon it will be entered in potential reversal zone.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.001632 to 0.001603
Sell between: 0.001701 to 0.001804
Regards,
Atif Akbar (moon333)
ETH, anothe big triangle in weekly chart, big move soon?HI, guys, another gloomy day for cryptos.
market continue the sliding torture, repeating pattern of last week. Bitcoin drop to 8000, which clearly is a key resistance level. ETH suffer less but show no vigor in the chart as well.
In the weekly chart, it looks like ETH is slowly sliding to the range between 160-165, which acts as a key supporting trendline in the broad picture. At the same time, over the last few months, ETH has staged two major rally in September and October. One can't imagine what happens if the key supporting range is smashed.
The weekly chart also shows a very big triangle is forming for the moment, and price stagnation, closing to the end of the triangle, will soon decide whether the big move is up or down.