Hi Friends...! XRP is trading inside an ascending triangle pattern with the roof of the triangle at $1.05. If the price can break the 38% Fibonacci level it can rise to the C or the 61% Fibonacci level. Looking ahead, if the bears break the lower angle at $0.9, the first support lies at $0.8282 (2020 highs). In terms of technical analysis, bulls can be...
XPR on the 8HR time frame has had candles close bellow the "Ascending lower trend line" breaking this symmetrical triangle. If the price falls and closes bellow the pivot level of $0.88 then it will start forming lower lows instead of higher high's pattern previously. $0.82 is a crucial key level of support when zooming out & viewing other larger time frames. We...
Break up should be more likely as the we have been getting higher lows since may 19 crash, right now just not enough volume. Monday will be bigger moves if miami hangovers arent playing a hand at low trade figures.
Hey hey my friends 👋 Market is pretty boring currently, re-adjusted my triangle since we never had confirmed breakout to either side... This could be an Elliot wave triangle reversal pattern with the starting drive at the first arrow, initiating the first move down as line A for the (A,B,C,D,E) theory These are typically bullish when they breakout, something to watch
Ripple managed to touch the bullish trend line at 0.65 forming a triangle pattern on the 4H chart. There is a high possibility that it might test the resistance at 1.21 before breaking the pattern with a bullish continuation.
Optimistically, after breaking three trend lines, it can start its upward trend. Or it may not have enough strength and continue to fall
Overview Currently looking if the scenario as shown will develop in which case i would take a long position. I want to see price moving above the upper resistance (upper blue line), either staying above it generating in LTF (Lower-Time-Frames) some bullish signs or if price should break down and then reclaim the Resistance area again - where i would take my...
XRP is obviously in a downtrend right now. This trend isn't that strong but it still makes it risky. This coin is going down with a downtrend regression just like many other coins. I'm seeing more drop coming because the price is getting closer to the Dynamic Resistance, and for breaking that it needs more Buy Volume, which we don't have right now. All platforms...
how much you gained? if you gained more than 60 you should be my friend😅.
Price finally went to my first target at $0.90 and reacted in a significant way. I no longer have any risk in the trade with my stops at BE. Price might melt a bit further, I will take another 25% off the position if price reaches $0.82 As I mentioned I’m looking for longs around that $0.75 zone I marked out at the beginning of the week but that will depend on...
Hello traders! Watch out for the breakout of the flat-structure that is currently forming, a great buy-setup in the making. The probabilities are good that this will go up, but whether it's the start of the big up move or not is not something anyone can tell. As traders we have to adapt to different market scenarios, we deal with probabilities here. For now I see...
information is not an indication of trading, just an idea
I had not been updating altcoins lately. This is because the trend of altcoins will be determined by Bitcoin. If Bitcoin is in a downtrend, no matter how bullish it is for the altcoin, it will still retrace and vice versa. This is because Bitcoin hold the most dominance in crypto market. ALTCOINS FOLLOW BITCOIN TREND. Until Bitcoin reveal its true direction, we...
Peace look at the chart, don't comment.
Does anyone knows wich way the incoming storm goes?