Quick run through my charts this afternoon to see what price action is telling me. That be telling me "I WANT TO GO LOWER". From a weekly and daily perspective, I see some more downside ahead. The 4HR is my favorite chart and as today we managed to see price action break the 200EMA and not look back reaching the first red zone, i called the other day, so...
I just finished a quick scan over a few cryptos I pay attention too and thought I would quickly point out what I'll be watching for on XRP. I think this morning's charts on XRP are perfectly illustrating how I like to see price action start playing out after a pull back or correction. As mentioned, a quick scan of the lower levels are showing me that price...
This video quickly describes how I put my support and resistance levels (zone) on my charts and how I typically use my fibs. As I mention in the video, I try to keep it simple, straightforward, and not spend to much time in my charts. Personally, i find the more time i spend in my charts the more i hunt to find something that might not be there. This for me...