BTC - Bearish 3 drives reversal and should stop falling at the .618 FIB at - 8164
XRP has to close above .259 or can hit .21/ .19
BTC - This sure looks like a reversal up to me - Reasons below . a) There's the ( upside down ) Hanging man candle( hammer ) on the weekly. The hanging man is a trend reversal after a downtrend and has to reverse something. To the left theres the Big red candle down that its reversing and to the right there a bullish engulfing candle which also confirms the...
BTC closing below 8350 can be problematic as BTC can slip further to 7900/7700 and possibly lower . This is the same view using FIB circles( graph below ) on the 30 min candle - BTC needs to close above yellow line and not close below 8350 or can slip towards the 7900/7700 area .
XRP - Bearish Wedge - Possible move to .262 and .255
when the BTC graph is inverted this shows as a bump and run and BTC has hit a double top. The path is the green line which indicates the BTC should hit the 9300 area and move back down .
BTC - This is a Bullish Descending Expanding wedge . There is also a Bullish Divergence on the RSI - Price has been falling but the RSI is rising The first target of the wedge is the red line at 8750 - this target has been already hit . The second target is the distance from the bottom of the wedge to the exit point * 2 . This should reach close to the...
XMR - Possible move to 79 but first needs to close above 59 to get the ball rolling
LTC - Possible move to 62 , 72 and 75 ,,,
ETHUSD - contemplating movement to 222
XLMUSD - Interested in moving to .0749
BTC has been stopped temporally by the MA200/MA200 cross and will need to close the daily candle above 8600 to continue movement up to 9200. To remain Bullish and take a shot at 9200 BTC must stay above 8500 ..... Looking good so far
ETH - broke past 182 and targeting 240 with this dead-cat bounce
Its best to have a stop loss exit at .25 as XRP should not move to this area - XRP has no business there today . Another thing is XRP is taking too long to move to .30 which raises suspicious. and this can be a 3 drives reversal lower . There's also a potential for a Bull trap move ( see below ) so setting a stop loss at .25 will come in handy.
BTC must close above 8183 if its serious about moving to 8606. A bounce off this green trend line will move BTC higher to test the MA200 at 8500 . closing below 8183 can lead lower to the 8015 area