entry and exits are outlined in trade, purple lines = profit targets gl!
We have a textbook golden cross on the daily with the 50 ema breaking the 200, we are currently retraced into a clear buy zone roughly between 1000-1145 sats with massive upside potential of this bullish reversal playing out in full effect gl!.
Making higher highs and lower lows well above the 200ema, looking like a possible moonshot here if btc can remain stable gl, if 17500 support breaks be careful having stops around 17000 seems like a good idea.
We're on the 50ema if we close above it ride the uptrend gl, We must stay above it though set stop loss just below the 50ema if we break above gl.
We're at the 50ema once again if we close above it look for the potential of an uptrend to ride gl, We must stay above it though set stop loss just below the 50ema if we break above gl.
Volume decreasing and MACD broken expect this ABC correction to play out gl.
Be careful with Xrp atm we're seeing signs of weakness and fatigue, we have fallen below our 50/200 Ema and a possible death cross is forming, not a lot of support either below our current level and a sharp waterfall down could be a possibility like we seen further back in the charts gl.
Currently I'm not in any trade at all as this the range is too tight and risk is too high, we can see on the MACD we broke to the upside but volume is low and the ranges we're currently in are 4k-4140 (very tight), If we do however see a break above $4140 with considerable volume I would be taking a long position with targets around $4410, Personally I see this...
Volume decreasing/MACD clearly broken expect to see a sharp break to the downside gl.
The 21 ema has been broken on the daily chart which is a good indication of strength, look to see more momentum to the upside, green=profit taking and purple support/resistance gl.
Possibly the end of an ABC correction, on the 4h time frame we bounced above both our 10/21 EMA and crossed over on the MACD, The impulse waves up are only an idea what could take place but let's see if it can play out providing this is the end of the ABC correction, Take profits at resistance/support levels marked gl!.
Both the 21/50 ema have been broken on the daily timeframe and we're currently sitting on the 50 if both of these levels hold as strong support and we continue to rise up lot's of gains to be made, green=proft taking and purple support/resistance gl.
With all the uncertainty looming gold is due for some love, a slow walk to around $1580, Very strong resistance around $1370-1380 level.
Seems we're in a consolidation phase here of a bull flag and a break to the upside is highly probable, yellow lines=support/resistance and blue box is profit target area gl.
Looking at the 4h time frame we can see a bounce off the 21 ema if the bulls stay in control in the short term a possible scenario could play out as suggested, fwiw on the daily time frame we look a lot more bullish being well above both ema's. Time will tell gl.
We have bounced off a big support level and just popped above the 10ema on the 4h time frame which is normally a green light to move back up, take profits at each fib level of your choice gl.
Just a projection let's see if it can reach profit targets first level 399 and 2nd being 478, 267-269~ level should hold as natural support, breakout has already occurred just a matter of if it can continue climbing.
Interest in ETH is flooding back in and we have smashed our 50 ema on the daily time frame, look to stay above the 21 ema for a short term bullish outcome as profits could be huge. Green=profit targets and purple support/resistance gl.