xrp has been consolidating in the symmetrical triangle throughout the whole bullrun, held back by the sec news. with the recent crypto drop xrp deviated from the shape and has now recovered inside. most of the traded volume throughout 2021 has been below $1.10 for me id like to see xrp hold the current area (all beit a small dip below would be fine, and show...
as the last one didnt materialise on the lower time frame, the higher 12h (tbts favourite) timeframe is showing upside potential when trading the convergence.
we will look for a reaction at the 0.5 fib, diagonal and weekly OB.
quick bit of TA on bitcoin, looking for price to find a local low around 53800 before pushing back up to test the weekly resistance
people eyeing up the cme gap as the obvious sunday trade, maybe we dont visit it until we make a new convincing ATH. you know the drill; cloud convergence = fireworks!
quick trade from 63k to 66k regions bouncing our support zone and diagonal trendline
monero showed a mild bear divergence at ath and price corrected off of it. price now finds itself consolidating mid channel in a resistive patch however price is supported by a HVN and the trend is up
zcash seems to have always pumped wit the rsi low. the last push up to 300+ popped momentarily above 50 before dropping back below and forming a mild bullish divergence on the monthly the orange trend line heading up suggest this is just the start of a big run, and breaking up from the wedge would confirm that. price currently stagnates on the 20ma mid bband, is...
it looks like solana could be about to have a decent correction. it has fallen outside of the diagonal trend on the weekly chart (we are only monday). currently the fib cicrle is cradling the price. solana needs to push back into the diagonal this week for bullish continuation (flat top breakout). if it falls then $50-60 would be a miracle to scoop some up
if it doesnt drop here expect a wick into the sell zone and down for the month close
the logarithmic long term diagonal trend line has always shown expansion when consoliated near (be it above or below), once ripple gets the $2 close then we will see some spring loaded upside for ripple
once this diagonal is closed above we will see a big push to ATH again for yearn. a rejection here could see a pullback to the blue diag
nice hammer on the daily to show buyers interest at this low 1700 level. macd flick up inline with trend break up, all that is needed now is a diagonal breakout and test the daily POC for further upside
break the invert head and shoulder line and target the 200dma
if there is one thing worth fighting for in life, its privacy longing this bottom channel when it hits, new world order and people will be craving the $xmr