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BTCUSD Price Prediction: Daily Analysis Bitcoin is dancing with the 61.8% Fib level with a previous drop from $5,321.82 and a low around $4,950. BTCUSD buy 61.8% Fib level price 5000 Area. Target 5700 and 6000 level . BTCUSD not breakout 6000 area then sell position is best target 4000 area . Technically 6000 area is strong Resistance in BTCUSD, this area break and stable buy this level . The movement north will have to overcome the seller congestion at $5,259.60 - $5,314.02, $5,368.45 and $5,422.85. The confluence at these levels are. $5,368.45: Previous high 1-day, pivot point 1-day R1, 23.6% Fib level weekly and Bollinger Band 4-hour upper. $5,422.85: Pivot point 1-day R2 and pivot point 1-week R1.
BITFINEX:BTCUSDLong
by Saleh11
CHATBTC off to the races soon! Santa's been filling his bag!Analysis: Whoever has been filling their bag, it must be as large as Santas... Weak hands are folding. We see an opportunity to go long on the current support. Entry Point: We are waiting to see if price will continue to drop and retest the lower support. If support at 320 holds we will go long, if not we will check again on the next support area around 270 Take Profit: The green lines represent target take profit levels. We suggest cashing out 20% at T1, 40% T2, 40% T3 (or sell 20% and let 20% ride if it still looks bullish ). Another way to consider looking at my take profit levels. First target is shorter term, 2 and 3 are mid term, and 4+ are longer term. If you want a quick trade, dont expect to hit T4, just close it all on T1. Stop Loss: If we enter @ 320...Stop Loss suggested at ~270, which is below the liquidity pool and established local support levels. Upon completion of T1 move stop loss to 600ish to secure a risk free trade. Additionally continue moving stop loss up by one target each time a new target it reached. i.e. when T2 is reached, move stoploss to T1 level. This way you can ride out dips with no anxiety and automatically exit the trade in profit should you not be around to monitor!
CLong
by theheirophant
3
XRP is going to be a nice buy! Hello my Crypto friends! Today I'm posting update on XRPUSD. In my previous XRP analysis, i forecasted an impulse up. XRP went up, but I don't like how this move behaves. It's too corrective for the impulse in my opinion. So, I'm only changing the view of this correction. I think XRP is in the B wave. I'm expecting down move before the impulse. Guys, don't miss this trade, it can go like a rocket. So keep an eye on it, be patient & trade with care! REMEMBER: I'm only interested in the buy! So, please don't jump in buy to early, patience is the key! If you want i will do update on this pair! Don't forget to hit the like/follow button and write comment! So keep an eye on it, be patient & trade with care!
KRAKEN:XRPUSDLong
by AntonioM
1