Support to Resistance Bounce. Resistance Level may become new support in a break out case but we will have to wait and see the candle stick patterns at that level
Hello trading friends,
Bitcoin did shows before some manipulation trends by whale trend last 3 days, and we see since yesterday the trend looks more to stable, but what next?
Depending on TA trend #Bitcoin Can hit the coming time the 48K - between 48200 and 48600 the breakout point. from there we should check the trend again, and yes it could increase...
Rinse & repeat while remaining in the bullish channel to the upside. Some possible BUY & SELL dates. Double cups forming and looking bullish on the daily. The market is moving in the right direction. Will 2021 finish with a BANG?
Let me know your thoughts. Will will break out or go to the down side one more time?
If Cup & Handle pattern finishes and has a clear trendline breakout this scenario could play out.
First safe target would be from $2.64 to $2.94
From there it could go to $9.40+
Since a month or so, XRP has been trading inside a horizontal channel. Nothing spectacular is happening, really.
As of today, BTC has confirmed the bullish direction in which it has been trading for around three days now. XRP, however, seems to be lagging BTC at the moment.
XRP still has to see a high time frame close above the $1.14 area in order to break the...
DNT Bouncing from horizontal support and forming cup and handle on 1D timeframe and breakout is possible in coming days so buy and hold your horses for massive gain in mid-term.
Support: $1.10/ $1.05/ $1.00/ $0.9800/ $0.90-$0.88500/ $0.8200- $0.78500/ $0.7460/ $0.68500/ $0.64500-$0.62500
Resistance: $1.14/ $1.20/ $1.24650/ $1.3050/ $1.35/ $1.40-$1.42500/ $1.50/ $1.6450/ $1.70/ $1.76/ $1.86500-$1.88500/ $1.96-$2.00
The Ripple-affiliated XRP token has won another re-listing victory in Japan, where the coin will be made available for...
Today we will stick with the 1 hour bar time frame on XRP and continue to look at its movement within the Fibonacci Channels (lines) that we created using the Fib Retracement Tool, see linked idea "XRP Twist on Fibonacci" below for an explanation on how we came up with this idea.
The channel range today is $1.06-$1.23, with a break below we are looking to back...
Hello trading friends,
✅XRP looks to make an interesting increase trend in the coming time if the trending news is approved, and it looks like everything until now is good for XRP. SEC trend is processing also. and iF XRP comes well out here, we will see a huge increase.
💎The TA shows also an interesting trend for XRP, which could increase into the short term...
Bitcoin is now again testing the 46000 resistance. BTC need to flip this level and after that the next resistance is 47300 area. The support is 45000 and last support is 44000 44500 area.
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#ETH surpassed the $3,400 resistance level by being in a bull movement. Favorable conditions are now provided for the $3,500 level to be exceeded.
Ethereum formed a strong support base at around $3,200 and started a new uptrend. It managed to continue the resistance of $3,350 and the 100-hour moving average.
The ETH/USD pair also broke the key resistance of the...
BTC continues to struggle with $47,400 resistance and I feel if it cant close above then this rejection will be significant and $42,000 could be on the cards.
I think we see a pullback to around $0.80 - marked by the grey area.
This coincides with the golden zone between the 0.618 & the 0.786 levels.
We also used this level as previous resistance in towards the end of 2020.
Additionally, it would allow us to tap the ascending trend line marked in blue for a slingshot up to highs.
RSI is also looking bearish short term.
