$XRP retesting support and fibonacci #xrp #rippleXRP is currently testing the 4h supply zone @ $0.6
the price created a perfect fibonacci retracement which I drew from the swing high to 0.6 almost: price action confirmed 0.236 as both resistance and support, thus we can expect some good upside movements if it gets broken on the 4h timeframe
also, the rsi is low and has much room for going up
now here are my targets:
if we break the 0.236 level @ 0.66 , I'm expecting a rally to 0.7
and if we break the 0.7 level too, I'm then expecting a rally to 0.78
let me know what you think about this idea, and drop a like and follow me if you found this helpful!
Opop
$RNDR fixing the rectanglerender token created a nice rectangle in the past days, and is currently retesting its support level @ $1.5 : if it breaks to the upside, we can expect a good uptrend bringing at least a 7% profit targeting the next $2 resistance, which is also the 0.382 fibonacci level
the rsi is not looking bad to me and it has much growth potential
let me know what you think about this idea!
$1INCH ready for the breakout?1INCH has been flirting with the $1.3 resistance level lately, which is an ultra strong level, which we can also identify judging from the huuuuge volume that has formed at that price
I'm really looking forward to its breakout to enter, if that happens
if this scenario is confirmed we can enter a long position targeting the previous resistance (and 0.382 fibonacci level) which would be at about $1.43
also I want to mention the fact that 1INCH has good fundamentals and that I'm trying to only post technical analysis of coins/tokens which have fundamentals good enough to be even invested in
what do you think about this idea? let me know in the comments! also please drop a like and follow me if you found this helpful in any way!
$QNT - THIS MIGHT BE HUGE! falling wedge, bullish div, retestshuge opportunity here on QUANT!
I love quant and its fundamentals so a trade opportunity on it really makes me want to enter asap to be honest
The price created a falling wedge in the past month, which is just about to breakout
the amplitude at the beginning of it was about 20%, so given the resistance around $115, we can expect a good 18%-ish rally until those prices if we see a strong breakout
ALSO, the price created a bullish RSI divergence, which historically almost always makes the price go up, and we might be seeing the start of the uptrend in just a few 4h candles, if not even on this one!
plus, we're approaching the huge $90 support level, which may mean something
BTC is also going to rally until 41 or 42 k in my opinion, so we might see some good momentum from quant
let me know what you think about this analysis and about the trade!
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$BTC - hopefully seeing a bullish breakout!sheeeesh bitcoin has been following my ideas exactly these days! :)
I want to expose myself, so, I personally bought BTC today @ 38.5 K
I thnk this might the end of the downtrend and we will see a bullish breakout from the falling wedge that has been forming since the first weeks of april
if you want to take a closer look to my position, SL = 37.3K and TP=44000 ,but these levels might be changed in the future depending on how future price action goes
what do you think about this? good idea or not?
not financial advice of course, thus I am not suggesting to buy BTC
$AVA - rsi div & bullish if we reclaim the 0.382 for #travalathe price has retraced since the last swing high around 2$ of the last days
AVA now needs to fix above the 0.32 fibonacci level around 1.46 with some good 4h candle closures and we can consider some good long positions
the price is currently rallying because of the rsi divergence which formed at the end of the last downtrend, and we now need some confirmation of the start of another uptrend
let me know what you think about this idea in the comments!
$RNDR - get ready for the wedge breakoutRNDR has been ranging in this wedge in the last 2 days - which could also be seen as a bullish flag to be honest
if we see a breakout to the upside, we can expect a good rally to the following resistance around $2
locally bullish on RNDR if we see a good breakout
what do you think about this?
$BNX - bullish if we break out of the rectangle pattern!the price has formed a rectangle pattern made of a good support level @100 and the resistances @120 and @130
if we see a breakout from the @130 resistance on the 1D timeframe, we can expect a good rally until the following resistance, which would be around 160 thus providing a juicy 17 % ish profit!
I'm entering if this scenario plays out, just be patient guys!
let me know what you think about this!
$BTC - is it time for #bitcoin to breakout?!BTC has been forming a falling wedge lately, which I have shared in my ideas several times
yesterday's dip confirmed its support line and brought the price up by a few % putting it back into the falling wedge asap
I want to share this signal the MACD printed in the last days: a slight bullish divergence formed, and the macd line looks ready to cross the signal line, which, being it below the 0 level, would mean a big uptrend incoming if we also manage to break out of the falling wedge with it
drop a like and follow if you enjoyed, and please let me know what you think about this in the comments!
$ENS - ready for the breakout?the price formed a pattern we can identify as a cup&handle, or a rounding bottom, and if its resistance ( @ 20.5 ) is broken, we can expect a good rally to the upside
I'm looking for an entry above the monthly dynamic level @ 23.4 , if the price manages to close above that without an overbought RSI (>70) targeting at least a 12% profit - I'm going to post an idea about this if this scenario plays out
let me know what you think about this!
$ZIL - could this be the dip?the price is currently below the lower Bollinger Band, and the RSI is below 25 on 4h timeframe
these two factors could be signaling a trend reversal so, after a long time since the last one I bought, I may be buying the dip once again ;)
the price is also currently retesting an important daily level of support which I expect to hold
let me know what you think about this idea and please drop a like and follow if you enjoyed it!
XTZ succesful retestTezos retested the Monthly 2.85 support and is now going for the 3.6 4h resistance
I think we will see some short term uptrend for about a 10% move and we'll see how it reacts to the resistance
Im only trading breakouts at the moment so I'd be interested in seeing it break above the lightblue resistance I drew
let me know what you think about this ↓
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