This triangle formation, together with a hidden bullish divergence could take $XRP to 0.35 cents
Entry at the resistance / support flip
Stoploss can be set under 0.30 cents
This is not financial advice
Current structure is a WXY correction upwards.
(WXY) : Consists of a smaller WXY structure
WXY: Wave W consists of 3 waves, also a wxy because of its complexity.
Wave X is the most complex wave of all of them, not dividing it into smaller waves may be wiser.
Wave Y consists of a 5 wave sequence, with my target at around 8.1k, could also go to 9k to fill the...
Nice fractal on ADA, enter the trade on a slight pullback with a support area under it, to make sure your risk reward is on point.
Be carefull, because a crazy down move on Bitcoin can make it all invalid.
Textbook market phases. As you can see first we had the accumulation, then the advancing phase followed.
Currently we are in a sideways market after the advancing called the distribution. A decline is probably the most possible scenario.
Give me your ideas in the comments under this idea, I would appreciate it very much.
Feel free to give a like, and go watch...
Big dump expected
- Clear WXYXZ formation
- Moonboys all over the place
- More Liq on the downside than the upside
- Path of least resistance
- Last run up was around 8 days, same cycle as right now
- We are at the top of the channel
If you don't believe me just wait the next days and open this chart back up.
Remember, you are warned
Hello dear Traders, today I will tell you why we are going to 6000 dollar area.
Bitcoin held the support area of 6000 dollars for a long time, however mid november we broke this support.
All the way to 3000 dollar and now we are sitting currently around the 8600-9000 dollar area.
But facing this strong confluence zone of both the prior high &...