Setup i'm looking at. Hoping for another wick down and reversal up.
Currently forming 3rd bottom on the weekly chart.
Something I noticed. This longterm trendline has been respected since 2012! In about 100 days we will see if it will be respected again. This is no TA, just an observation.
Something I noticed. Every retrace since february has been a perfect retrace to the golden pocket (0.618-0.65 Fib area) Currently we are facing another golden pocket area again around 7.5K. There is alot of confluence resistance in this area which could lead us back lower. The 200EMA is above us that act as resistance Prior resistance. Trendline formed since...
A break of the neckline of this Inverted Three Buddha Bottom could potentially bring us to a higher high and the beginning of a new bull market. A rejection of the price at the neckline will probably bring us to new lows. The OBV suggest that buying pressure is increasing significantly. I will watch this one very close.
Spotted a potential fractal. Shorts are nearing ATH again, let's see if we can liquidate those permabears ;)
Weekly chart looks ugly. A full retrace is quite possible if we don't recover fast. If i'm an institutional investor I would buy @ the green support zone. Cheers!
I'm watching this ascending triangle. You could trade the breakout. Take profit at the logical resistance points. Cheers!
EOS is trending inside our descending channel. I'm looking to buy @ the daily order block around $ 5-6. For now just have patient and let the right price come to you.
-Strong bearish divergence on the 4H chart -I anticipate a pullback before continuing the bullish momentum -I see alot of support around the 0.382 fib level
Some key resistance area's I will be watching. OBV is making higher lows which indicates increasing buying pressure. My guess is that XRP will be one of the altcoins that will pump quite late.
You could trade the breakout. Must have high volume.