I believe we bottomed because of many confluences and indicators especially daily divergence and hash ribbons buy signal. I'm expecting bitcoin to retrace at around 19.5k level because it left a daily gap and it has to be filled before we start rallying :D
XRP seemed to bounce from our high time frame 0.5 line but leaving an equal low which might be a magnet and pull the price back to take liquidity. I plotted some reversal zones for you to set your alarms to try an entry :) Reversal zone 1 is the 4H imbalance that the recent bounce left, so after a market structure break, I expect price to come back to this...
XRP reacted perfectly with out 50% level XRP is leaving huge 4H imbalances/fair value gaps with this pump, so don't FOMO Wait for price to come back and fill these imbalances and snipe an entry in these zones with low time frame market structure breaks My personal TP target is 0.67
Are we finally breaking out from this sideways zone? My bias is long and we might breakout to the bull market. I think we bottomed and this is the best time to buy.
Theta is about to breakout from this high time frame falling wedge. The targets I plotted are for mid term holds and if we are back in a bull market. I still have no confirmation if BTC is entering the bull market so better just DCA since this level is a nice discount zone for those who want to hold this coin.
Just to give an update to my last post, I marked possible reversal zones and looks like XRP already hit it and it was the closest one which was my volume zone. Now I'm expecting price to reach - 0.53, 0.55, 0.6+ Of course always expect some retracement days before reaching these targets
Today, we are expecting a correction in the market because of the FOMC. If the news is bad and we are gonna dump, these are some of my reversal zones. - Volume Zones - FVG - Demand Order blocks We are targeting 0.5 first :D