


XRP is showing positive momentum after positive lawsuit developments. Many analysts predicting a breakout, however this is one of the more risky trades. Safer just to have a long term bag.
Everything is moving along nicely. Nothing to be worried about at all.
I opened a trade yesterday at $340, Bitcoin then dipped, which is very normal, and AAVE hasn't even had a 2.5% dip. Now sitting at $333. Nothing has changed yet. I'm a patient trader, I opened this to ride the next leg up over the coming weeks. $1000 USD is on the cards in the coming months, but it all relies on Bitcoin's movements. I tentatively say late April-mid May.
You could Scalp this all day. But we're swing trading it. Check that out. 0.012 is on the cards in the next leg up.
I just re-entered AAVE from the flag pattern. I'm choosing to take on more risk this time than normal. I entered early. It may drop down to support. I'm happy with this entry because of how far below the long term channel it is. But if you want to be safe, set your entry closer to support. First Exit: $570 Second Exit: $1000 Stop Loss: $270 Give your stops room...
Volume is decreasing on this sell off. Bullish. Triangle is forming in short term price action. Bullish. Near All Time High. Bullish. In the 2017 Bull Cycle Bitcoin made a 100% gain above this channel. A 100% move in a short period of time, above the upper channel is likely to be the climax of this bull market and start the bear market. Analysts believe...
Anyone trading the breakout. Now is the time. For me, I'm just watching my 2 year old bags make bank. Enjoy the ride. To all of you holders who've been saying to me for months, "Pundi isn't doing much..." It just takes patience. You don't get booms without patience.
Options Bullish Opportunities A move up to the long term upper channel would mean $0.0117.Then a breakout could take us quite easily to $0.017 which is the resistance on the short term trend. Bearish Possibilities If there are small corrections in Bitcoin, and the symmetrical triangle gets invalidated, this could bring us down here to $0.0047 in the short term....
I hate writing descriptions. Peace Out!
Possible Price Targets in the next month $0.07 $0.09 $0.15 - only if the pattern repeats.
It should either bounce off of 0.0069 and go to 0.0075 Or drop down to fib retracement level at $0.0062 DISCOUNT!! $$$$ If this is making you worried, you don't know what you hold. BOOMS ARE COMING. BE PATIENT.
I've added the Fib retracement inside my long term trend. We can see that it is holding strong. There are small short term down trends where new buyers are panic selling. The centre line in the channel acts as an RSI. Falling Wedge Pattern should still be in play.
Updates coming soon.
I thought that triangle would lead to a bigger breakout, but BTC is still in consolidation.
In the very short term, I think it will keep retracing. But then I'm very bullish on the breakout of the falling wedge to the upside. The support and resistances on the chart or BTC will determine when it breaks out. I wouldn't short this right now. Too much upside potential