bibsz

bibsz

For nowa expect a drop short term and I will look for a possible entry around the green zone Not really good opportunity to enter now but will keep monitoring it

bibsz

more information to come with explanation on lower time frame

bibsz

posted a month ago about all of this happening

bibsz

Demand overweight supply absorption on HH price and volume in harmony

bibsz

Ready whatever happens, more update to come

bibsz

Blue Trendline and zones; Sign of demand weakness. Monthly ; -Price closed under the 0.80 zone back in August'18 and failed to go back upside the zone since and the 4 times it tested the zone it showed weakness of demand. The only time that price went over the level was during last November when it went upside to the .80 and to show sign of weakness from demand...

bibsz

beautiful setup given yesterday

bibsz

Going post more detailed information about it tonight as well as for ripple Could retrace up without going back to 30k before since it be showing decreasing of supply as it approached that zone and showed absorption of supply in the past

bibsz

I will post a profound detailed analysis of it later in the day. Price gonna retrace down around the area of 12-15k before going up again - See how price and demand volume are not in harmony anymore at all - Stop in action - Major demand absorption occurred at the 40 k zone and is still currently absorbing it - In overbought for months already

bibsz

if you would be interested in a profound explanation of how I analyzed volume in price action to know that it will drop let me know if this helped you in any way, let me know if you have anything to say tell me (: I love trading talk Still expecting it to go to 0.18 long-term by the way

bibsz

gonna share a more detailed idea of it soon I expect it to go down to at least 13300 and even lower, but would need break of that level on a SOW first

bibsz

supply have been in power for almost a year now absorption of demand on retracement upward of lows and heavy supply in harmony with price on move down gonna keep on gong down long-term

bibsz

Shared it and price went upside a couple of hours after with no drawdown If you are interested on knowing how I knew at that moment studying volume and price action harmony I got to know price will move up let me know!

bibsz

more explanation to come but i will leave this here for now so you guys can keep an eye on it

bibsz

On the long-term I expect it to go test the 91.500-92.00 area before seeing a continuation of the move downward. A break upside 91. would be a good sign that price is not ready to keep dropping down and our next target would be 91.500-92.000 indeed. Why do I think it's gonna go test more upward instead of it dropping down or consolidating ?. Because not only we...

bibsz

big drop last month on heavy supply showed sign of big interest selling the past into the 0.37 and 0.32 area - into the 0.37 zone on the week of 04\01\21 and even if showed some presence of buying interest the week after it went back down to 0.32 - into 0.32 again in the first week of august 2021 Basically have kept failing on going upside 0.33 since and even...

bibsz

will it break downside the trendline ? break under 1.762 on a sow would give us confirmation price wants to go down

bibsz

more to come