$NU getting ready to make a move, low on RSS, hitting the end of its pattern, going up from here
What a run Elon pumped, well done...looks like price is slowing, maybe a good scalp opportunity here. I would not be staying short for long;) 1% Risk 2:1RR
Potential outlook for XRP, we could see price drop lower back in to its accumulation ZONE before we see any move back up to resets ALL TIME HIGHS
Since January 7th the ascending channel has been compromised and almost breached multiple times. The only reason it hasn't is because of the buy pressure but of if it doesn't hold on the 3rd support test attempt then we can see much lower levels. If we get a bounce off this trend line we can head higher but until that happens I'm bearish and don't care about $1000...
The 120-day up cycle is likely to last until April 2021, I think Bitcoin will peak at 200k-250k$ and then crypto winter will return
The 4 handle candle closings and trend indicate that it does not yet want to drop from this range.. I’m looking for a breakthrough during these next 4 hr candles.. Holding a long and will be looking for a temporary short at the peak of 4hr / 1hr overbought rsi.. Safe pips yo, history is being made 📊
Price is testing the ascending channel resistance as expected from my previous analysis. The market is printing a double top ( ^^) reversal pattern. Breakout below the neckline support + uptrend support could lead to a retracement down to channel support + fibonacci retracement levels ⬇️. RSI is also printing a Bearish divergence signal. Breakout below the support...
If you've tracked our updates the past couple days you can see a glimpse of how quickly and easily market sentiment can change based on manual technical analysis. Earlier today we said "Bitcoin Beyond Hope? 3% Drop At Hand". Here's the chart: As of right now, price sentiment has reversed and we're back above resistance. What a big consumption of time....
Trading is a game of risk management.... and lots of patience. The low time-frames are compelling because we have the instant gratification (or despair) of seeing our positions win or lose. Higher time-frames visible change much more slowly. Days ago we alerted you to ETHBTC reaching near the top of a trading channel (as shown in pink). The picture still looks...
My next for TARGET for BITCOIN is the previous day low.
Weekly Looking at our trend timeframe we can see ZRX continues to respect its downtrend since leaving an ATH imprint at $1.30. Stochastic RSI showing momentum is in favor of the bulls with no signs of reversal. Our most recent price action shows a break from $0.20 up to $0.40, leaving a new higher high. ZRX is now looking to confirm our higher low before...
It has been a while since I last posted. Sometimes we must put life in front of our side job! Regardless, I thank you all who have been following me and continued to throughout my hiatus! With the stock market having "topped out" last week and now crypto breaking key channel supports I think it is a good time to reemphasize how crypto has been a leading indicator...
Going with the 12-12 from the top as on ETH for now, even though it's not quite as clear
Hi All, We have hit my next target and based on the historical evidence and the inverted BARR setup, we have confirmation on the lead in trend line to be the support for the next uptrend rally. As per chart, I see this area also as accumulation. Having a 4 HR candle stick close above it, and even a 12 HR one, should be the right signal, depending on your risk...
XRPUSD Started growth from the strong support line 0.20 and I expect growth to continue to the level 0.245