Ali_a5

Ali_a5 Updated 

on Weekly TF XRP shows a clear movement so far as i show u on chart we have 2 clean demand zone that caused ChoCh before XRP has to use one or both of them before going up so be aware of this analysis and be ready to buy in time i will update my idea when XRP react to one of these demand zones gl

Ali_a5

XRP is on bullish movement, as we watched XRP hit weekly demand zone and just go up to about 0.7 that was a point that XRP moved up from Weekly demand zone and can pass a Weekly supply and just stopped by Monthly supply zone. that means our weekly demand zone was so strong and we can trade with it again. now XRP need a correction and take the rest of orders...

Ali_a5

ChoCh happened on BTC after hit inducement line(48189) now we have clear QM pattern for trading short for now we can guess price will hit first unmitigated weekly demand(27112 to 30379) after that we have to check price action and understand how much order are there

Ali_a5 Updated 

XRP did a huge momentum and create a new low i think that High is gonna protect we can trade short on 2 OB's that i mentioned on chart

Ali_a5 Updated 

based on smc avax did choch yesterday so price should come up and take orders to go dw price hit 30 min OB then create a new 30 min OB we can trade on it almost 6% goin dw that i use leverage 10x so i can get 60%

Ali_a5 Updated 

as i said before XRP needs to hit 0.5651 to confirm that Major Low for reach that price i drew possible movement based on Supply and demand it's not a prediction of XRP market, it's just an analysis based on Smart Money Concept(SMC) if price hit 0.5651 after that can create a new Low then go up or can break that low and go dw all of these movements in 4HR TF are...

Ali_a5

based on SMC and money transfer, XRP will touch supply 15 min, then goin down to take more liquidity to reach 4HR supply(fib 0.618 is combined with 4HR supply which make it stronger, usually XRP will hit fib 0.618 on reversal and then goin down), price will go down after touch 4HR supply after that have to see what price will do *also price can break demand and go down*

Ali_a5 Updated 

based on market structure, price need to hit inducement to confirmed that major low but in this way price need to pass 4hr supply so we can predict 2 movement for now 1. retest 4hr supply then return to 4hr demand 2. first take liquidity from 4hr demand then go up for now we can say the movement 17 August until today is in a range

Ali_a5 Updated 

in bullish market price need to hit first inducement to confirm high in this case our first idm is 0.5236 after price hit that price we can wait for minor choch and secure OB then we can target 0.5651 hitting 0.5651 is necessary for market structure !!!

Ali_a5

valid unmitigated flip zone(0.5226 to 0.5264) can use as a perfect OB for short trade flip zone breaks 2 low so we can easily trade on it target 0.5095 which include 11 bar and 2.5% SL: 0.5266 0.77% also reversal fib 0.618 placed on 0.5255 after confirmation we can trade on it

Ali_a5

price after take liquidity from 2HR demand zone did a ChoCh and created valid POI also u can see quasimodo pattern on chart for trading Long in LTF pattern is visible my trade details: entry point: 0.5147 SL: 0.5090 Target: 2HR supply at 0.5226 (Maybe price go higher, u can manage ur trade on that point) using 25X leverage: 38% profit GL

Ali_a5 Updated 

price after take liquidity from 2HR demand zone did a ChoCh in 1 min TF and create a valid POI on 5 min there is another 5 min OB above our POI which retail traders will trade on that our POI is 0.5103 to 0.5138

Ali_a5

money transfer by smc from unmitigated supply to unmitigated demand price can create new low weak low will break soon. take some profit

Ali_a5

everything is clear on chart its depend on daily demand power

Ali_a5

there is 2 possible scenario for ZEN that i explained on chart in first scenario with that demand zone price create a new HL and can go up second scenario will cause Change of character so be caution about it !!! on second scenario this can keep going down or goin up

Ali_a5 Updated 

fib 0.618 is always Strong for ZEN 1 HR unmitigated demand zone is set with fib 0.618 target to 4hr unmitigated supply

Ali_a5 Updated 

fast and confirmed unmitigated15 min demand OB to another unmitigated 15 min supply

Ali_a5

have to wait and see which OB will touch first 2 scenario are acceptable and u can trade on both side i think scenario 1 will happen in first then scenario 2