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Bitcoin DAILY Outlook - Fall Out of Rising Wedge or Not??***This is what I've been watching on the DAILY - For Bitcoin... *** @everyone - 15 Hours are left in this daily candle... - If we maintain upward momentum in the next 6hr-to-8hr candle - ...and if we manage to bounce and hold above the green box... - The next goal will be to cut up through the 2 red boxes above. - If the Daily can't stay within this Rising Wedge over the next Day or 3... - ...Long holders will be in for max pain. - So let's hope for 6hr and 8hr candles to bring some decent pump action - Although there are good signs on the 6 and 8hr, the Daily still looks a little bearish on the momentum front... - The Green Money Flow Indicator on MCB is looking okay though... - So I would say on the longer term BTC is still at a bit of a big decision point... Be Safe Out there!! CryptDude
by CryptDude
USD potential to go higher if clear 90.7 zone...Watch it as it mightrocket soon.... If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
GOOG now short but still long?Hey everyone, Google made it's way to ATH but now the party is over, at least for a short time. As you can see there is a SHS formation and the reaction was bad. But the stock will face a few support zones, as the yellow lines and the green box, as well as the Fibo Retracement, shows. The DEMA and SMA also show a short signal since friday. BUT chances are good google turns back long after hitting the green box. Entry: 1441$ Stop: 1400$ Goal: 1622$ Much fun with that trade! Leave a follow, my goal is 200 :)
NASDAQ:GOOG
by QuantinvestGER
XRP Bullish Descending Broadening Wedges XRP is not my favorite project but my investments are diversified and I think XRP is a category in and of itself (I'm here for the tech and wealth). This is not financial advice, only my opinions based off my personal research. Firstly I love Descending Broadening Wedges, they are very effective for calling bottoms, I have a chart where I called the absolute bottom of CRO which has been one of the top performers of 2020. I called CRO breaking out before it was announced as one of Teekas top 5 coins, and I did it with the pattern I am outlining now. Now what I am seeing is a set of Descending Broadening Wedges, a smaller one within a larger one. I am also seeing our price action on top of a important support, which is between .17458-.16656 (.16656 being the .236 of a down fib I plotted and the area I would put my stop loss under). It is interesting that our 1D candles have closed above the top of this support of .17458 ,which shows to have been a strong support historically, because our indicators also look bouncy in this area. The RSI hit 30.87 (Oversold),Our Stoch RSI has created a descending wedge and has flipped bullish to give us a hard buy signal today, MACD still shows selling pressure because it is reflecting the sell pressure we have already received (but I assume will flip soon). From a bearish prospective our price action is trading bellow the EMAs and we have been in a down trend for years, but I have some interesting information that indicates the bottom could be in for XRP. First on June 13 2020 the Poloniex BTC/XRP chart hit one of the strongest historic XRP supports and wicked extremely hard upward. Second if we do bounce significantly from this area through the major resistances above (The EMAs and tops of the Descending Broadening Wedges) then we will probably rocket upward based off the TA projections (1st Target .25 area / 2nd Target .30 area/ 3rd Target .34763/ 4th Target .49342). Third many things are happening within the Ripple/XRP world, some things I cannot bring up (Political moves being made within banks/Gov to garner Ripple/XRP support) not to mention the COVID19 need for digital currency, and lastly China/USA competition to be the first to control the 4th industrial revolution (CBDC, Reserve Currency, etc.). *Side Note watch BoA :)* (SHORT/ MEDIUM TERM) Oh yeah I really think institutions are looking for a back up plan, I think that they will use cryptocurrencies as a back up for when and if the stock market takes another drastic plunge. Meaning I could see institutions going deep into crypto and marketing cryptos on their platforms for retail traders and speculators to make Wall Street Money while stocks take a dive. Tons of money could flow into the crypto world, I don't see this as the endgame for XRP but I see it as the means to their end.
BITFINEX:XRPUSDLong
by Tachycardia
Sell on GBPAUD after Hitting Resistance inside ChannelHello my fellow traders, hope you'll be making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. The pair is moving in Ascending channel from a long time now. As we can see that it has hit its channel resistance so as per our analysis it will fall till its channel support. Let us know your views on this in the comment section. Thank you all. There is a good news for our followers. We will be doing analysis on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us. Ryan.R.Lopes
Short
by Ryan_lopes