If it breaks below this small flag we could see a sell down to .29 area, confirming an Expanding Flat. We can put a sell order below the low and a Stop above the high to reduce the risk (XRP can be prone to taking off to the upside with little warning).
2 Weeks ago Btc is rallied and break the previous $4200 Resistance and touch the $5300 area.
And after one week of sideways. I see a probability for BTC to drop to certain level , because
1.BTC unable to hold the $5200-$5300 level
2,That grey channel on the left already broken by the price.
3.A signal confirmation on the right already formed
So i think Short...
See fib lines, both past fib support lines were both .618 which is always interesting.
Watch for 14EMA,21EMA crossover for possible long position- would like to see both EMA crossover and previous high to be exceeded (it pretty much is close now but candle still been formed and just the shadow hovering there at the moment).
Peace and Love
GRSBTC has been consolidating after a massive price movement on March 19th. We set a few easy targets in the consolidation range and two stretch targets in anticipation of a second upwards movement.
This is a risky trade - we expect BTC to make a move in the upcoming days. Respect your stoploss and use only a small amount of capital.
Buy: 0.00011060 -...
Tezos fundamentals are looking strong as it breaks out bullish from a long weekly EQ pattern. Major Bullish RSI divergence. Increased accumulation volume. First on-chain protocol upgrade almost complete via formal verification!
If you understand 3rd Generation blockchain tech, you may want to start building a position w/ XTZ at these prices:)
BTC may repeat history by forming a third falling wedge pattern on its way to re-test the 200-Week MA. In any case, it is still possible for a final leg up towards the $4,000 price level for a final rejection in this bearish case.
so there is alot of bearish divergences.
1.from 6k to now on stochrsi that is so huge divergence.
2.Yellow divergence will be in play if this week btc doesn't close above 4060$ (rsi and stochrsi weekly divegence)
#playsafewithrado and with #stoploss
As you can see over here is XRP chart for the past 3 days. Starting with beautiful spike on 30th and immediate retrenchment on 31st Jan. Pretty much failed to hold long trend for at least few days. The reasons is unknown, however to utilize on current situation, There are 2 areas for long and short entry. This could be sideways for few days as according to volume...
News about Ethereum’s delay of the major Constantinople upgrade after Blockchain audit firm ChainSecurity, discovered a security issue with on of the changes, put pressure on ETHUSD price spreading panic thought the whole market with BTC moving below key level of $3570, where buyers showed up, trying to hold that level and increasing chances for a bullish scenario...
if alts can blast off they can hold some of their gains as bitcoin later sees new lows.
i made a thread explaining this on my pinned twitter
updated play by play of icon trade in comments.
Long term chart in the bitcoin pairing, fibbonacci retrace levels from the large rise last year, medium term and short term trendlines. Likely to break short term trend and fall to next trendline support.
With a double bottom both at Circle fibs and Margin market, still spot didn't cross the 4H MA, by crossing it, rocket will fly ! On the other side there is a very close support to look for as market could still go another trap !
Circle green dashed curve is the support to monitor, with MA also on chart !
If you like my charts show some sort of support please ?
Well we got here is a descending daily and weekly CTL that has been broken in the last 2 weeks where price has been able to hold above it and form a daily structure and a first possible bullish impulse in a kind of wedge pattern but price s giving us soem bearish sign showin us a multi day rejection to the presented 38% fib leaving a consecutive sussetion of...