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SNXUSDTHello my dear friends I hope we have a profitable week ahead (: If the price moves out of the triangle pattern and can be above the blue range ($3.836), we can have a head and shoulder pattern at the end of the downtrend. The yellow area ($4,812) is an important area, the possibility of a reaction to this area is not out of mind. But if it crosses this range, the possibility of breaking the downward trend line and forming an upward trend in the medium term is strengthened. Don't forget, the above scenario is valid under the condition that the price moves above the $3.836 range. We would be happy to hear your comments.
Long
by FiboTech
TRXUSDTHello my dear friends The triangle pattern is very cleanly formed in the higher time frames. If the current trend is below the price range of $0.0592, the possibility of forming a downward trend similar to the drawn scenario is not out of mind. But if the current trend is above the price range of $0.07893, there is a possibility of forming an upward trend similar to the drawn scenario. According to the momentum of the current trend, the possibility of forming the first scenario (downtrend) is more likely. We would be happy to hear your comments.
Short
by FiboTech
OGNUSDTHi dear friends The price has been very nice in its movement, respecting the previous ranges, and until the orange uptrend line is broken to the bottom, I have no mentality for a downtrend. In my opinion, there is a high possibility of forming an upward trend from the $0.2458 or $0.2348 price range. The yellow range ($0.3454) is not so valid and probably there are no special orders in this range!!! If the uptrend line doesn't break down, the longer term downtrend line is more likely to break, isn't it!?!?
Long
by FiboTech
ENSUSDTHi, I hope the coming week will be a profitable week (: The price is moving inside a descending channel. If we ignore the triangle pattern, considering the yellow range and the type of previous movement (inability to enter the $10.817 range), we should have a reaction to the $9.733 range. I prefer to close 75% of my sell trade at the $7.364 price range, but I can't ignore the triangle target, so that leaves 25% for that range. Be sure to share your comments with us
Short
by FiboTech
4
ideal triangle pattern formed. btc will go to 50k.just moment ago, ideal triangle pattern formed. price looks likely go up up to 50k, and falling price movement is actually very good sign. 4h chart show us that price still have room to rise to 50k. 15m chart show us that price movement formed a ideal triangle chart. i bought short at 47200.(after waiting very very long time) and i will buy long at 45300 ( Test points above the 4 hour chart, and bottom of triangle pattern) if price go below 45300 i expect price will bounce at 44900. (and form rising wedge.) stop loss 44700 ( if price go down to 44700, then i expect price go down to 43700, tp1, typical triangle pattern.)
BITMEX:BTCUSD.PLong
by LeeBit
XRP - Still On The Track For Explosion During this week XRP made a new local high at $0.93, after that had a few % drop (as expected) to re-test the bottom of the triangle, from where it has broken out of. Next we need to (and we eventually will) brake above the green decending trend line where i also expect a re-test of some kind as this trend line is more than a year old at this point. After eventually breaking above green trend line, which can happen in a bling of an eye sometimes, we should expect a rally to the upwards (like Zilliqa did few days ago), where we also need to watch major fibonacci retracement levels extended over 2021 rally. These are 0.702 ($1.53) and 0.786 ($1.65). Breaking above these and we should be ready to go into a next trading range which i've described not long ago. I am not a financial advisor so non of this should be taken as a financial advise. Be Well. BINANCE:XRPUSDT
Long
by AVA37
BTC 2-3 Days Until Big Move!?BTC has been trading sideways for almost 2 weeks. As shown on the chart, it's approaching the end of the triangle shown. With that being said, based on previous price movements, it will either have a bullish push to break through the top diagonal line or it will retest the previous lows which might cause the bears to gain more strength resulting in a push down to the 30k range. Let's see how it plays out. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! Love it or hate it, hit that thumbs up and share your thoughts! This is not financial advice. This is for educational purposes only.
BITFINEX:BTCUSD
by rnaofs
3
BTCUSD - Impulse or ascending corrective channel. Uptrend Hello traders and investors, In today analysis we focus on the last couple of waves in BTC. Regardless if we are observing impulse of ascending correction, as far as I am concerned the trend is up. As far as this chart is labelled, as much as I would like to see the uptrend resumed after the July low, at the moment I am not too sure that we can say so. The vertical line on the chart 0.382 and 1 define the Fibonacci Time spent in "wave 4" compared to "wave 2", so if wave 4 completed in July, it means that it spent 38.2% of the time to complete wave 2. Is this possible? I doubt it, but this market is pushing for a new all-time high every day. Let's keep our fingers crossed that we are not in a gigantic running triangle(hence Wave B above the prev. all-time high). I link the long term analysis with the wave count on weekly/monthly. As usual, I can be wrong, but I don't really care because I keep them as long term investments. Hope you all make money 😊
COINBASE:BTCUSDLong
by Dry-Storm