TSLA price will probably be squeezing in a compressing triangle to breakout after a retest of the upper trend line.
If the 0.786 (46k) Fibonacci level holds as a support, BTC may draws a W pattern (double bottom), which could create a reversal pattern. After a retest of the neckline of that W, BTC could continue its uptrend all the way back to 70k. We can also see a retest of the daily RSI trend line (see drawings). If the 0.786 level doesn't hold, BTC may drop to 30k in the...
We could have a pull back to around 53k and then going all the way to 80k.
XRP is drawing a M pattern (double top) on the weekly time frame. This can bring us back to $0.5 if the neckline doesn't hold as a support. Trade your own ideas.
VET:USDT evolving in a rising channel.
VET is currently struggling in the $0.2 region. I don't think it will break upward because volumes are weak. We need more correction if we want it to go higher. It will probably hit its previous major support.
Here are my thoughts about what could happen about XRP for the next few months. I'm expecting a last spike to the $0.37-$0.39 region before plummeting down to our last strong support from the daily chart. This spike can be delayed by a last pullback to ~$0.26. short-term: bullish mid-term: bearish long-term: bullish until I see that $10 move :)
XRP is about to break all resistances even though everybody says we are bearish.
Hey, Here is my trading idea about XRP for short terms profits. After that huge bull run and a weekly candle closure below 0.47, we will definitely see a break of the support trend line which will bring us to the $0.34 support. It will probably break this $0.34 support and fall further more. We need this pullback before starting the real bullish movement and get...
Nice possible entry for fast profit. Limit buy above the trend line and stop loss just below.
Here you can see a simple RSI divergence. If the price breaks the triangle, XRP may fall to lower resistance 0.43 or even lower.
As we can see in the chart of the 1D MACD, a possible divergence is being created. If it's true, we can expect a nice correction after some more bullish trends. We can also see that the 1D RSI is above 70. In other words, don't forget your SL...
Ripple about to make a choice. We should have placed positions in the next hours.