XRP, is getting support on 50 MA.
As you might see the red circles same about to repeat we might see a great move ahead. This can be a great Swing trade with a good Risk and Reward Potential.
Don’t miss out our next research on swing trades with a good money management.
As always we put quality over quantity, don’t forget to follow us for SWING trades research...
Hi all !
this is a weekly bitcoin chart using blx data :)
we are under 128ma and 50ma on weekly for now lets see how closes todays .... anyways deathcross on weekly is evident using this Moving averages i use for bitcoin , also i know about a " future golden cross" on 1day and other timeframes but listen..... first price is above .....and usually will be not...
A bearish harmonic is still being completed before price does a retracement back down off weekly support/resistance area around 112.125. Looking for price to go as far down as the trendline for bounce up for continuation.
But if price breaks the trendline, it will fully respect the bearish harmonic and will possibly make its way down to the previous weekly SR...
