XTZ is worth watching next hours/days. We are in a sort of falling wedge pattern with support nearby, range is getting tighter.
However this pattern breaks, long or short, a lot of profits can be made.
Wait patiently to see how this unfold.
CHZ is in a upward channel and currently at the support line of that channel.
Price is also at the 0.786 fib level and we might bounce up from here since price is holding the longer time trend line.
This is a high risk and high reward trade so do your own research if you take this trade.
If you want to play safe it's better to wait till we break the downward...
For me it seems that we are in a falling wedge pattern.
The range is getting smaller and we nearing a important fib level.
I think we will see a few percentage to the downside before exploding out of the wedge.
Do your own research before making any trade. This is not financial advice.
There are currently some opportunities on XRP.
You can play within the Ascending Triangle or wait for a breakout!
We are currently at support and a big move is about to come.
Keep in mind; this game is about a probability not a certainty.
Do your own research before you make any trade.
If you like this idea, please smash the like button :)
if you take a look at the weekly and monthly chart you can see that we are in equilibrium tightening range.
By the end of February 2020 at latest we should know whether we will rise +80% or drop - 40%.
We are currently at important levels.
I believe that eventually price will drop to the 6000 region.
The question is if we will first see a retest of broken support and the top of the channel.
What do you think?
Long after a break of resistance (wait for a retest of the channel)
Short if we can not break resistance.
I personally think we go up from here. The formation of the daily candle looks bullish.