Entry when the 190 + day decending resistance breaks - some bullish candle patterns emerging - suggests the break out could be within the next couple of days, especially with the market structure as it is at the moment - add entry point at breakout confirmation. As always don't forget your stop-losses! Just watch out that you don't get caught out if BTC pumps!!!
Some promising gain potential here, still within the triangle so put entry on breakout confirmation, I would probably use a trailing stoploss on this to lock in the profits and hopefully reach all displayed targerts. Don't forget to add your stop losses - see red support lines for guidance. Good Luck! #BTC #crypto
Attempted breakout from decending channel- price currently hovering around the resistance but smaller time frame candlesticks are looking like they are moving away from being bearish and becoming bullish - good entry point for a healthy rise - Support at around 0.00000275 so place your stoplosses below this depending on your personal risk.
Long Term #XRP Analysis - Short term positions are slightly unclear right now - will update soon though - Major resistance levels highlighted and path to All time Highs outlined
#Ripple #BTC #XRPUSDT #crypto #cryptocurrency
I would expect a fairly large rejection from this resistance line - potential entry 1 for short position if confirmed... If this resistance breaks then we could see gains upto the top of ascending channel support before being rejected and returns to lower support of channel- next test of this lower support channel line is likely to break (Short Entry 2) and we...
We could see a breakout here as long as the top resistance line of this descending triangle does not hold. If price breaks out from this descending triangle expect a pump upwards so maybe worth entering a long position when/ if it breaks - watch out for fake breakouts and make sure you put stop losses on