XRPUSD
Updated
Posting and updated chart with the new zones that were formed
Comment
Currently looking for a break above the double 4hr zone .60805 & 60900. If we see that I'll be looking for a push to the daily .61700 . If we see the opposite and we get a break below the double 4hr on the down side, I'll be looking for it hold at double daily .58600 & 58475 to have a reversal.Comment
Awesome , So the double 4hr ended up breaking but we came back down to the double daily and did the reversal that I was expecting. Let's gooo . At this point I'm looking for a break above the double 4hr zone ( 60805 & 60900 ). Once we get a break and closure above there , we should see a push up to the daily zone ( 61700 )Comment
Currently still holding an old level 59500. It's strong, I don't have it on here due to making the new levels I'm looking to break but wow. what a hold. Hopefully we can break out of 64000 this weekend.Comment
Well it seems we are back in consolidation again , would like to see price hold the double 4hr zone .59744 & .59800. If this plays out I would like it to push back up and break and close .60252 , so that we can start to push further to the upside to break . 60900 .Comment
If we get a break below the double 4hr zone .59744 & 59800 . The double daily still is a good area to hold. It would be a triple bottom in that case. If this happened I defiantly would expect an explosive push to the upside.Comment
Let's goooo, Talk about an explosive move out of the double daily zone. I was expecting to see that due to a triple bottom would form. Looking for a push up to break and close above the double 4hr .60805 & .60900.Comment
That 60100 level has been a great level. As of now still looking for a closure above the .60900 level .Comment
Lets goo , Look at that pushComment
Welp that didn't last long , Gotta love the amount of consolidation this pair does.Comment
If we continue this trend , I would like it to hold the .59744 & .59800 level again. If this happens we should be attempting to break and close above . 60900 . again. We did break above but instantly rebook back below. couldn't hold the zone. I could easily push down to the daily .59200 level. We will see how this plays out. I want to see this push out of this zig zag area. that it's been doing for a while now.Comment
The amount of zig zag with XRP , With adjusting my zones we have another double 4hr zone .60439 & .60442 . Definitely would like to see that break and close above but we could visit 59200 daily level again due to the 30min is just not looking like it will push just yet. I'm not expecting to get down to the daily level (.59200 ) tell we close below the double 4hr (.59800 & .59744 ) I would like Asian & London session to push up past .61407 level and close to start getting us out of this consolidation. Daily hasn't broke anything just yet so that's good.Comment
Nice little push to the upside to start the Asian session offComment
We are tapping the new double 4hr zone I was just talking about, lets see if we get a break and close aboveComment
Awesome we made it past the double 4hr and broke the 60900 level but couldn't hold it again, with breaking that again. The way it's looking we could see .60252 then push up during New York & break above .61700 level.Comment
That double 4hr zone held strong , then we got this explosive move to the upside. This is wildComment
Currently looking for a break above the weekly ( .63741 ) Once we get that I I'll be looking for a break above the monthly zone (.64263 ). When we get a closure above both those area's. We will be clear to push to the next 2 weekly zones ( .66290 & .66981 ). Next strong resistant is ( .70768 ).Comment
As of now with the way this is looking, I'm looking for this double 4hr to hold strong as a support. We have a daily at .59563 & a 4hr zone at .59733. If this shows we will be holding. Next level to the upside would be the double daily ( .61200 & 61442 )
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