....to 91,000...just as I thought.
With an upward channel flagging a soon decline, it finally broke at the 95,000 mark to it predicted fail to remain in the channel walls. We should soon hit 91,500 as seen by the arrow and should bounce back up.
However the retracement as always deeper that the break out!
XRP retracement heads to 2.18 as we have 2 confirmative chartings showing in yellow and orange arrows. The key confirmation is the head and shoulders measured downward move with the yellow arrow. At 2.18 we will find support.
Now that BTC hit 95,000, many will think it will just go from here.
But not yet as this 95,000 is just a normal retracement and will comfortably settle down to 91,277. The blue line is a copy trend line from Oct 10th to Dec 19th previous move and this current moment is following it nicely. By Friday May 2nd, I suspect we will see a rally that could lead us into...
We know OXN now is in its 2nd break out from the .01771 position but it has broke support at .0214. In its retracement, we may potentially see a test of .01819 to even .01641 is it wants to find support from the existing 1st pump. Only time will tell.
We Silver Lovers have been waiting a LONG time but the break out from the cup and handle @ 30.66 has happened. Now to see if the measurement of the cup really does hit 56.65.
Not a rally yet my friends. It may have looked like a trend would go up and hopefully break 87,500 for our next push upward; however, too much weakness in the market and it broke support so we are headed lower. (My personal perspective)
Mara showing us a potential washout with another round 2 of head and shoulder setup.
Purple box potential retracement or consolidation for a couple days then down to the measured downtrend of 6.70.
And I even feel that will take a few days
Short or PUT options on my horizon if this plays out!
I gunna wash that cash right outa their hands! #MARA
With metals STILL playing tug of war with DXY, I'm not believing in a breakout yet and ONLY in a quick retest per the 4HR. Ascending wedge AND bear flag set ups. it will go down.
With metals STILL playing tug of war with DXY, I'm not believing in a breakout yet and ONLY in a quick retest per the 4HR. Ascending wedge AND bear flag set ups. it will go down.
AS metals continue to play tug of war with DXY, I'm not buying it has strength yet and ONLY in a quick retest from the ascending wedge and bear flag set ups. Its going down.
