resistance = 1.35
temporary support = 0.9
and next support = 0.7
and we are heading to 1.35, probably in some hours.. I think..
if we break up 1.35 , we can probably $ell at 4.18
if we can not break up 1.35 level and 0.7 level holds, we can probably $ell 2.75
if we break down below 0.7, we can $ell 0.9 and re-Buy at 0.21 and $ell again at 0.48
I share my trading plan due to price action, buy low, sell high.
my gut feeling what's likely to happen: RED(40%) GREEN(20%) YELLOW(10%) none of them(30%)
WARNING: This idea has a bias that prices will rise.
BTC 1 month down and 1 month recovery idea.
There has been a sharp upward trend for one week already.
(STRICT) STOP LOSS=3800~3900$ (daily close)
LONG idea TARGET=5600$ (with follow-through, 6000$ possible)
FINAL TARGET=3000$ in two month.
This idea was inspired by the Japanese market NIKKEI 225 bubble.
I think the patient is the key... this year's the lowest, the last price is coming.
We probably can go 8500s with those day's bullish run and then next month we might loosing energy to go higher with the monthly lowest volume, and then the price will goes trajectory down to 4500$.
HOWEVER, WE NEED TO WATCH DAILY, WEEKLY, MONTHLY VOLUME CAREFULLY,
BIG FLOOD OF...
I am waiting next price action of XRPUSD
If the upper line of the long-term uptrend channel break,
we may test lower line of channel,
and long position can be 0.41$ area, hopefully bounce back to upper line again to 0.70$.
(since this chart is log scale, this uptrend channel means exponential growth!)
It can be also looks like fractal of last year or a...