I marked red the zone we could potentially reach before drop but looks like we will hardly move any more and more like just bleed down as is. The target zone of the drop is also marked so hope this helps follow for unique analysis and more! ))
Im mostly looking forward to the second outcome as i described on the chart text,we formed a bearish pennant patterns.
Why because i belive we are in a BEAR Market simple.
Really most of the zones met, can reach upper one but unlikely then down. If you look at the time cycles we are getting closer to it/. Likely to hit the bottom soon
After looking at time cycles, previous charts, I came to a decision that we will go down after touching 17150 or so cant say the exact. But I was also positive about marking the 17500-600 zone and my tools were showing the same. But cant always rely on the indicators. So this is what i think is going to happen. plus weekend is coming up now. RSI Over bought daily ...
At the moment it's unclear what is happening at the market but by predicting local price movement we can briefly understand what can happen in future. At the moment I will be looking to hit 0.395 and then without a rush watch what the market will show us. I also have a belief that we can drop down more if we do it will be 0.35-34 levels. A lot of bad news in the...
We got strong support there and also need to get the liquidity. Then would be looking for local pumps
Through out this week i have shared my opinions and price prediction till this day. And happily all my predictions were right. Now i will be waiting for another little drop to 0.37-72-74 . Then I believe so we will slowly start making our way up to 0.39
Today we already hit the first resistance level . BTC dominance has dropped so we might see XRP trying to hit the second stongest level of resistance at 0.42. Then i belive we will continue our way down and start monday of by bleeding down. Bottom targets are still the same 0.393 achieved. 0.388. 0.375 Hopefully I made it clear for you If this was helpful i would...
I will be looking for another spike from the good 0.393 support to 0.402-06 Ish before continuing our way down and sideways. H4 RSI VMA CROSSED & cipher B Sell signal meeting all the criteria)). Main key here is patience
Semi long term target. which can occur in 2 ways either we drop below 0.37 now and maybe even see 0.28 and then we can make our way up. Or we hit 0.45 and then go find our bottom Follow for more !
Read my previous post to find out what my prediction is
Be aware that fakeouts still there to happen while going down so manage your risks. After hitting the targets, I will be making updates and for more potential positions. At the end of the day dont forget its a market we can not be 100% sure where the price will move so always take responsobility of your trades. Be Patient!
Might experience some fakeouts while going down. But talking about 0.382 fib level is for sure coming in a few days or so. Before that we will hit 0.388 price level and might get stuck there for a bit from there Ill make new updates and new potential trades. MARK MY WORDS BE PATIENT !
15M DETAILED Waiting for the 0.382 Fib level after possibly touching blue 0.412 levels !! Here on the daily rsi we got negative divergence and after lots of buying pressure slowly decreasing due to the start of weekend. We have came to our main resistance levels at 0. 40 . Hourly chart has touched the the upper band of the vwap and bounced off. There is a chance...
15M DETAILED Waiting for the 0.382 Fib level after possibly touching blue 0.412 levels !! Here on the daily rsi we got negative divergence and after lots of buying pressure slowly decreasing due to the start of weekend. We have came to our main resistance levels at 0.40. Hourly chart has touched the the upper band of the vwap and bounced off. There is a chance...
Here on the daily rsi we got negative divergence and after lots of buying pressure slowly decreasing due to the start of weekend. We have came to our main resistance levels at 0.40. Hourly chart has touched the the upper band of the vwap and bounced off. There is a chance if bitcoin breaks through 16800 and closes above it on the H4. We might see XRP breaking out...
Here on the daily rsi we got negative divergence and after lots of buying pressure slowly decreasing due to the start of weekend. We have came to our main resistance levels at 0.40 . Hourly chart has touched the the upper band of the vwap and bounced off. There is a chance if bitcoin breaks through 16800 and closes above it on the H4 . We might see XRP ...