Hello XRP community! Hope you enjoying the XRP ride so far. $XRP is in its third accumulation phase, preparing for a new impulse wave to break above the 2$. Some XRP hodlers have sold their positions between 1.8 and 1.9 due to decreasing volume. But overall XRP is still bullish! After a correction down to 1.56 we might see another +20% move very soon. PS1: SEC...
VETUSDT is overall bullish, preparing to make its third impulse wave, as simple as that! Prepare your bags.
AUDUSD testing support at 0.758 - looking to buy in this area targeting a double top at 0.8, 1:6 RR ratio! AUDUSD is Bullish:
Hello traders! USDCAD testing the descending channel resistance, this could be a potential sell opportunity with a good RR ratio! Price is facing a 200 ema as a resistance. Corrects at 0.618 fib level. Facing channel resistance. DXY: To confirm this trade, we have to wait for the uptrend breakdown and more price rejection in this area
Cardano is a cryptocurrency network and open source project that aims to run a public blockchain platform for smart contracts. known as ADA, it is a hot crypto these days! many traders still holding it hoping for the next bull move! The daily chart looks clean:
After the uptrend breakdown and retest, BTC is back to the support area at 53300. On its third shot, BTC might break above 58200 to finally reach a new ATH!! Looking for that bat pattern to get filled. Daily chart: Ascending channel, price corrects at 0.5 fib level, filling orders set at support area to form a new impulse!
Not yet confirmed, waiting for DXY updates next week. Target: 27 Daily timeframe:
1:6 Risk reward ratio! waiting for next week's market updates to confirm this trade opportunity. DXY: BXY:
After forming a H&S we might go down to 53k which is a good buy-price before hitting +60k!, post your idea in the comments below:
What is your point of view on ETH? H&S might not be valid because of that strong support. On the other side we might get buyers attack at this support area to push ETH towards 2000! Post your ideas in the comments below.
After a strong uptrend breakdown, GJ making LH & LL, looking for a potential short at 151.25 after price action confirmation. EURGBP still pushing towards 0.866 :
Keep an eye on NZDUSD.
All confluences on the chart, awesome risk/reward ratio!