Profits
XRP Weekly To Establish Moon Base XRP has been one saga to follow over the years..
It has produced famine and fortune..
Again we are looking at a potential setup that could send us to test and possibly break the old 2018 ATH.
I mean if your following XRP similar to my path your expecting it to break that old ATH...
However, negativity surrounding the lawsuit and regulations looms amongst the talking points.
But doesn't negativity seemingly always loom around? I mean could you escape it realistically?
I believe not. However, there is always the option to ignore it.
Big risk brings big reward.
ANALYSIS***
Stochastic RSI has been oversold since late May 2021. It is now turning vertical and breaking back into the bottom of the bearish zone.
MACD is rejecting a move into the negative zone and also turning vertical which is a very bullish sign on such a high timeframe and produces explosive moves in price action.
Price Action sold off consistently over the summer months and found support of a major resistance level around .55 cents. This area was rock solid resistance for XRP price in both December 2020 And February 2021.
CONCLUSION***
XRP is going to make parabolic moves to breakout beyond its previous ATH in 2018. There is a lot of speculation on the $10-15 for short term targets. I am mostly long term investor with XRP but do trade a small percentage of my portfolio. Following a massive pump we should see price collapse and retest the then old ATH area around $3.50. I will update with new ideas as this story progresses. Interesting times lie ahead.
My opinion only.
Not Financial Advice.
CHFJPY 280 PIPs chance Hello Guys !
What an amazing week we had, we banked over 170 pips last week in our trading group !
It's time now for a fresh restart.
We are seriously considering taking a LONG position on CHFJPY.
Here we have a very strong upchannel, with multiple touches on the trendline, suggesting us that the pair will look for new highs during the next trading weeks.
Our SL will be around 110 pips, while our TP will be a stunning 280 pips.
I've marked in orange, what i consider to be important support areas, just before a nice push up.
Feel free to use this trade yourself.
Don't forget to follow us so you get notified everytime we post.
Your opinion will also be appreciated.
Have a nice trading week guys !
XLM So far XLM has been taking it's time consolidating along some Higher Lows. I think the moves to the right of the current graph are going to play out over the next quarter.
XLM is still kinda questionable as a whole, but it has decent support and there are no indicators of some kind of manipulation in price... I'm hoping for 1.50 before Winter for sure. It may not last long though, eyes open.
TIME TO SHORT GBP/CHF !! #SHORTIt seems that the Bulls are getting exhausted and the Bearish Channel is likely to Continue !
Short/Sell is recommended with SL above previous LH.
Sell zone, SL and targets given below.
Note: Please do your own analysis before any trade.
Short/Sell: 1.27000 - 1.26870
SL: 1.27240
1st Target: 1.25010
2nd Target: 1.23650
GBP/JPY #SHORTThe small time frame showing Short Opportunity.
Since the time frame is small a strict SL should be kept intact.
The pair is in rising/ascending wedge which could possibly lead to a breakdown of the trend and towards new Lows.
Short/Sell is recommended with the target and SL zones.
Note: Do your own research before any trade action.
Short: 152.850
SL: 152.950
Target: 152.300
Matic is starting the bull run 🌊🌊When the trend breaks, this is the best time to buy or sell something. Matic is no longer in a downtrend for the past day, let's break the downtrend that was built from May 18 to the previous day. I recommend you to use 60% of the amount you intend to buy Matic to buy now when h1 is also showing bullish signs, and the remaining 40% to buy in the $0.69 zone if it turns around and confirm this price increase.
Along with the fear score from July 22 is 10, now it is 25. I also bought Matic at $0.7 and now we all expect it to not stop here. Good luck to you and make a lot of money.
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
Don't forget click like, it's a hug for me. Thanks you!
BTC USDT CORRECTION SHORT OPPORTUNITYMassive short opportunity to previous resistance/support on the 1 hr time frame.
Could see a bounce on the $39.9k before dumping through the resistance box and looking at price level below the $38.6, or bounce back up to $39.7k.
I will be shorting this with stop loss of $41.45k on 10x leverage and will be taking profits at $38.7k before re-evaluating the situation.