COINBASE:BTCUSD Here goes my first. After reaching $6,750 resistance level the RSI formed a Bearish divergence indicating a possible drop in price. Price dropped and a small pullback i saw the opportunity to sell using Tom Demark trendlines . Connected the recent swing low to the last swing low and waited for price to close below the trendline to project the...
COINBASE:ETHUSD After a $192 to $250 price movement. Price had 78.6% retracement and has then formed a Hidden Bullish RSI Divergence. Price started moving up and consolidating forming an ascending channel. Further consolidation could be expected before breaking out of the channel. Target: $275
XRPBTC After testing 8200 support there's a possible pullback to the 0.618 fib level ( 8652) before another potential downleg to the 7850 support level. SELL: 8650 SL: 8980 TP: 7850
RSI bearish divergence on 1H Chart XRP BTX Price is testing previous broken structure and trendline at 0.50 fib level If price close below the trendline we could see price drop back to 8200 level Wait for the 1H to close below the trendline to enter short position.
BINANCE:XRPBTC After some consolidating price action for two days. Price has finally broken out of the consolidation zone and price went to the 9K resistance and was rejected Since then it has retraced to the 0.618 fib level and has been holding. We can expect a retest of the 9K resistance Breaking the resistance is not out of the question Go long @...
XRPBTC Closed my previous position because of a bearish bat pattern setup with point D right at a resistance level Sell: 9000 sats TP1: 88745 sats TP2: 8540 sats SL: 9150 sats