BTCUSDT has already broken two major Resistances on the 4H and 1D . After 4 rejections at the Resistance on the 4H finally it broke above it and has been going up since then. The candles pattern also is showing a pure uptrend for the last 6 days on the Daily time frame . On the 4H time frame the price has formed a Triangle. We might have a shallow Pullback...
of 2021.. seems likely. #bitcoindominance #btc.d should show us the way a rise in dominance would be a clean-up of the space and provide ammunition for another altcoin run. #coinbase & #microstrategy should be on your watchlist as key indicators.
At some point, someone's gotta give in. End of triangle is approaching. Buyers take advantage at the moment. Let's explode in the space.... Well, that's what I expec...
Ethereum - I also think that 2nd wave down is possible
DOT Coinbase pro listing. ADA & DOGE examples of what can happen
BTC, I don't like its Behavior
Hello Traders! Check out "Related Ideas" for more context! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
It's just for education. I will be happy to use your comments.
Target is the 0.618 FIb. Level. Close daily above and we see prob. much more upside. If we get rejected, prob. more accumulation. XRP is far from over here.
Xrp have strong problems from 0.95 to 1.05 which if even it breaks 0.95 im kinda sure it can t break 1.05 zone easily. I would short it from 0.99 to 1.05 . Also attached my last idea which xrp reacted exactly to what i predicted. 🤡 Stop loss : $1.11 <<<its tooooooo important
Based on the 4H Timeframe, we could see that XRP now is breaking the Descending Broadening Wedge Pattern. After it breaks, it testing the EMA and now hold above the EMA 21 & 34. Even now XRP already playing above the EMA 55. The question is, when the testing phase comes, could XRP hold above the EMA 55 and continue it's upward momentum?
Update from my last post. I'm using 0.81 as a big big support now, For me everything below will be a short (for a court time) and everything above a long. Red: Adam Green: Eve Blue: Possible continuation with a cup & handle Orange: What I'll use as support & resistance TP1: 0.91 TP2: 1-1.1 TP3: 1.4-1.6 Cheers and good luck.
Looking at the 12-hour time frame of XRP we can see that its bottomed out and accumulating along the 2018 swing high at 0.89999. At the moment, XRP is inside this wedge and looking to breakout or at least wick the topside trend around 1.32. My targets moving forward if XRP continues to hold this 2018 swing high at 0.89999 are: TP1 🎯 $1 TP2 🎯 $1.09030 TP3 🎯...