Self explanatory. It's bouncing off the bottom with very good volume. Looks better than OMG, IMO. Target is around the red line to take some profits but letting the rest run due to bull market which should take legit tokens and coins up with ETH.
My conclusion is as stated; however, new lows will be created before upside movement. Taking out all the late Sellers for the eventual rejection. In the coming weeks JPY is expected to lose some value to substitute USD Strength to test Dynamic Resistance.
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As it is characteristic, The price has been in a huge trend for a long time, Now we have to see if the break out is real or fake. If it is a real break out we have to see a testing to the line after breaking out and we go for sell position.
Ripple - Short Term - Expires at Monday
We look to Buy a break of 0.2602 (stop at 0.2488)
Short term MACD has turned positive.
The RSI is trending higher.
A break of yesterdays high would confirm bullish momentum.
Remains bullish while above last week’s low.
A break of 0.2600 is needed to confirm follow through bullish momentum.
Our profit targets will be...
Now, Oracle has broken its highest price, the breakout seems a little low on momentum and speed, its possible that we witness a testing on the last price support and rise up, or it might be a fake breakout and we might see a testing on our triangle and then rise on price.
Silver just pushed below a trend line that can be linked all the way back to the crash in March 2020 - if the price action comes back up to bounce off it a couple of times as resistance, look for Silver to fall to $23.50
Here I have a potential long for EU, depending on the closure of the daily candle. I would like to see movement to the upside and break through the structure of 1.18632 to reach the wick in the region of 1.19170. I would naturally expect price to retrace back to the structure and ideally use it as a support to then continue to the upside and reach the initial...
ALONG WITH BREAKOUT OF DXY SLIGHT DOWNWARD CHANNEL. Chart speaks for itself: daily higher lows/highs rebounding from downtrend, price is in golden pocket of fibonacci retracements (daily). R/R currently 2.62 if TP is at -.618 Fib extension
Broke trend line and support.
Waiting for confirmation of the retest of either the retest on the support level and or the trend line support level.
Also could be a fake out and go back up through the trend line to the top resistance level in green.
I am pushing down trend but must wait
(Patience) Break and retest on bitcoin for weekly wick fill.
TIP: It’s kind of an obvious setup so I think you’ll get that big wick (that BTC frequently does) to hit SL on people already in a buy position or a close below support to fake out people trying to sell, then a close back above the support for the move.
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We got a small ascending triangle on Bitcoin looking at the hourly chart, which recently
broke descending resistance by breaking the trendline.
Target once 11,700 is broken significantly is 11,900 resistance.
Looking for consolidation around that level, with possibility of going...