Here is my xrpusd analysis, I believe there is a high chance we will see price action respecting the inverse head and shoulder formation. Furthermore, price action is respecting the Fibonacci levels. I have tried to highlight and show my reasonings, if anyone needs any reasoning behind my idea, please drop a comment.
I haven't posted many foreign exchange setups, however, here is what I believe is a possibility for GBPUSD in the near future.
Please let me know what you think will happen, always best to spread new ideas!
XRP's price action has been really choppy and unpredictable. From here I believe we will see price action consolidate for a bit before we see a breakout towards our Fibonacci extension level at around $1.40. I'm still bullish in the crypto space and still do believe we will see an all-time high on XRP this year.
This is not financial advice, so please be...
ETH has been extremely bullish. I believe there is more bullish momentum coming. I see price action breaking the previous resistance and going higher. I am also a believer that ETH will see another all-time high this year.
BTC is very bullish right now. I believe we will see price action break through the previous daily highs, before falling towards our 78.6% Fibonacci levels and trendline; before we see BTC achieve a higher price. I have tried to create a path of what I think could happen.
My prediction for Bitcoin is that we will see a new all-time high this year, however, I do...
Price action could potentially reject the resistance area, which I believe will happen. Once this happens we could see the price fall back to retest the trendline & the 78.6% Fibonacci level. If price action rejects the fib level and the trendline, then we will see a bullish move towards $1.50. I still strongly believe that XRP & BTC will see a new all-time high...
Here is my analysis for a short term bearish BTC. BTC bearish momentum has been due to fundamental data.
I will post my bullish outlook, my short term biases changes due to price action however medium term and long term im bullish on crypto