XBTUSD following simple TA really. Im expecting a bounce off 50 fibs to the next order block area at around 7600 before a harsh drop to 4k region. A series of HL’s & HH's since 13th of March showing steady bullish momentum. When the bears decide to fight back, they bring us back to the current uptrend line, creating nice & steady upwards momentum. CCI also...
XRPUSD Don’t really like picking tops but this looks text book. It’s already taken a few stabs at the current supply block and rejected off. I’m hoping for one more attempt before a big sell off simply because we have moved up over 75% since the last low. We are also overbought on the RSI so everything is looking primed for a short soon. If we reject off the...
XBTUSD Ok I'm going against the grain here. I know everyone is waiting for a harsh sell off at the upcoming supply block at around 7800 but my gut tells me we're only going to get a healthy retracement before the next bull run. The reason I think this is because we have been slowly creeping up since the recent drop to around 4k and the bears haven't really put...