Dear TradingView community and fellow traders, I am Richard, also known as theSignalyst and here is my third OKX contest submission => OKXIDEAS I find the weekly chart for XRP to be interesting as it appears to be following the basic principles of price action and market structure. 1️⃣ First, let's examine the support and resistance levels. I've added red and...
XRP has been stuck under this top trend line since its high at 1.80 formed 2 years and 13 days ago. XRP has been chopping its way up through all the top trend lines you could draw, until it reached the TOP top trend line. This is the first time XRP has successfully broken out and retested every major trend line since this downtrend started. There has not been a...
#BLUR/USDT Technical Analysis - BLUR is currently trading at $0.70, up 15% within 24 hours. - After analyzing the chart, BLUR appears to have strongly bounced from the trend line support, indicating a potential bullish trend. - Therefore, we recommend respecting this trend line and considering an entry point between $0.6-$0.67. - Our suggested price targets...
There is a breakout to the upside shown by the downward-sloping white channel. This marks the beginning of the bull run. The graph is adjusted to volatility accounting from coins' dominance, and economic changes (through accounting for dollar, gold, and bond movements). This graph is universal, use the equation or the graph as you see fit. The dollar value of...
Bitcoin Dominance Chart Analysis: Potential Impact on Altcoins and Key Levels to Watch Bitcoin dominance, which represents the market capitalization of Bitcoin as a percentage of the total cryptocurrency market capitalization, is currently trading at 48.31%. The dominance chart is showing signs of a potential breakout at a big resistance level. In this article,...
I invite you to review the XRP chart in pair to USDT, also on a one-day interval. First, we will use the purple lines to mark the downtrend channel in which the price is currently moving. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $0.45, the second support is at $0.43, the third support...
Expectations: After a big 5 impulse wave, a Zigzag Correction occurred, and a strong uptrend was expected to start, but a 3-3-5 Flat correction pattern has formed instead, indicating a potential WXY pattern. The current 3-3-5 wave is too small to be an X wave, and it has not even reached the 23.6% retracement level, suggesting that we may be in a sub WXY wave...
99% sure Ltc will dump from here. Enjoy it and dont get rekt
Ripple (XRP) technical analysis: Trade setup : Following a brief period of consolidation in a Bullish Flag pattern, price broke out in the direction of existing Uptrend and reached our target of $0.55 resistance, where it got rejected. Pullback near horizontal support zone is around $0.45 could be a swing entry in Uptrend. It also lines up with Fibonacci...
We are looking for pull back entry into this area to take XRP long. Price seemed to have a hard time going down for us earlier in the week so lets try and ride it up.
ZIL/USDT Technical Analysis: Will the Zilliqa Network Upgrade and Hard Fork Lead to a Price Dump? ZIL, the native token of the Zilliqa blockchain network, is currently trading at $0.033. As per the chart, a double top pattern has formed, and the price has already been rejected from it. This suggests a potential downside move in the near future. Furthermore, the...
Cake/USDT Chart Analysis: Is It Time to Buy? Cake (CAKE) is a popular cryptocurrency that has been in the news lately due to its recent price movements. The coin has been experiencing pressure as investors are selling following the unlocking of tokens. This article will provide a detailed chart analysis of Cake/USDT and explore whether it is a good time to...
ETH/USDT Technical Analysis Alert Current price: TSE:1870 Key levels: Support: HKEX:1800 , HKEX:1705 , TSE:1619 , TSE:1476 Resistance: HKEX:1880 , TSE:1930 - TSE:1950 (red box area) Recent bounce off the HKEX:1800 support level, approaching HKEX:1880 resistance. A break above this level could lead to a test of HKEX:2500 , while a break below...
A special Decode of xrp. this is A long term view or the possible highs on next Bull run.
Self explanatory of the development of a bullish flag pattern that i expect to break on the 3rd touch......lets see what happens. Exit price is .65
XRP - 24h expiry - We look to Buy a break of 0.4841 (stop at 0.4681) We are trading at oversold extremes. Daily signals are mildly bullish. Bullish divergence is expected to support prices. A break of the recent high at 0.4830 should result in a further move higher. We look for gains to be extended today. Our profit targets will be 0.5241 and...
XRPUSDT 1H It continues to accumulate, breaking 0.4632 has room for a slight rise to 0.4949, where it will find another resistance. The SEC (US Securities and Exchange Commission) filed a lawsuit in December 2020 against Ripple Labs Inc., its subsidiary XRP II LLC and its co-founders, Brad Garlinghouse and Chris Larsen. The allegation is that Ripple sold over...
This one is a bit more tricky, XRPUSDT. Notice the left side of the chart, we can see the top of the channel being activated leads to a correction. On the right side, the top of the channel has been activated and we do have a correction... A bounce happened at 0.5 Fib. retracement, a level were corrections can end. So I am drawing two arrows... The green one...