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XRP/USDT(12H)drop to 0.5/??/This is one of the currencies that I hate, because it has always challenged me AND I also welcome anything that challenges me.
In the long run we have a static support area between the price of 0.54 / 0.64 which is very powerful.
My view is that the price will probably drop to 0.63/////Existence of purchase demand at this point will be approved
But sleeping the price below 0.5 is far from the mind, but seeing these points is not far from the mind.
Of course, in the current situation, the whole market has a great impac t on the news Especially the news of the war
In general, I do not expect the market to move upwards and this currency in these 15 days ///I mean the valid failure of dynamic resistance
SILVER SI1! Bullish Elliott Wave long term analysis
A perfect EWcount for the start of a long term bullish W 3,3,3
All Macd´s cross were for wave 1 end and the beginning of a wave 2.
All waves 1 were either 0,382 or 0,618 of the 5 waves formed to complete the wave 1 of next degree.
The charts speaks for itself!!!
good luck!
BTCUSDT Update - First $43000 then $26000?Hello trader, today we will talk about bitcoin
Let's start with the fact that we warned about such a decline to 35000, we warned that there would be an impulse price decline
and also that only a few guys can and can short this market.
You can find these posts in our....
Now our team of analysts is disassembling this tool for one purpose
Having analyzed Bitcoin on all timeframes, we assume (this is not financial advice) to open positions against the current of the market (open long positions)
Why ?
The Internet began to discuss the price drop to 20,000
Yes, this is logical - uh, this is a very likely scenario.
But
We broke the level of the Head and Shoulders pattern - where the price DON'T returned to the level of 43000 (did not happen)
The second factor is that the cluster analysis indicates increased volumes in the delta. (buy)
The third is psychology (Most traders and small speculators are already accustomed to falling) and set short stop losses at 1-2% of the entry into their short positions.
Thus, the market can grow impulsively due to the same stop losses.
The fourth factor is that the price has covered one of the big gap formations (in short, the price gap has been filled)
The fifth factor is the narrow channel in which the price is located.
The sixth factor is the fear in the market to miss the bottom of the market, everyone wants to buy cheaper.
But lost profits will be bought at 43,000 - where the market will be lowered even lower.
Given the non-recoiling fall, we expect the release of one good news where the entire market will be raised by several hundred billion dollars
Also considering all target CMEs on the exchange
our team expects this outcome.
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bitcoin bounce to lift off MoonDonk Live !Looking to cross on a uptrend then start the mission to the moon ! However if that 42 level isn't able to hold and gain support bouncing up then once again 30's could be on the table which would confirm BTC has matured and these runs could last longer with small bear markets in between wouldn't that be fun and how long would that last what an exciting time to be alive!