Now, price is hovering on the support A and might break up above the trend line A. On the daily chart, the MACD line is above the signal line which is bullish. But if the price break down through support A, the price breakdown might stop at support B for a while until futher reversal or continuation chart pattern is formed.
This is not financial advice.
HnS formed on 1H chart. Might retrace to at least 0.618 fib retracement line( 0.311++)
Bearish harami is forming. The MACD line is going to cross below signal line on 4H chart which means downward move is coming.
XRP/USDT 4H chart still in the uptrend. I used trend-Fib based extension to predict the next price climb after this retracement from recent price climb. Price target for the next leg up is at the 1.272 fib line drawn in the chart. target will be near that fib line.
this is not financial advice.
I’m still learning to do TA. I think Head n shoulder has been formed in daily chart. My guess is bitcoin/usd will go down more until the trend line is broken and reversal bullish pattern is formed. Thank you for reading. Peace