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CRPTOCURRENCY

XRPUSD 1.05160 - 9.31 % LONG IDEA * PRICE ACTION AND STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THEXRP / USD. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
BITFINEX:XRPUSDLong
by PULEMokhothu
1Inch Breakout 1Inch can is moving towards a up trend, we will get confluence by: - Next 4hr candle is above the trendline - its above the displaced EMA - MACD (blue has crossed over the orange line moving upwards. It will be a small pump, I need to do more research and find out the partnerships with 1Inch. I'm a beginner trader, these are my ideas, I'm documenting my journey. I believe this will be profitable buy in the short time once we get the candles above the EMA Feel free to comment below.
by tradewithhansley
$THETA broke out of 3 weeks consolidation, what now? Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators. Pros: - Broke out of consolidation box between 11 and 13.5, now bouncing as support. - 4hrs bullish divergence. Price made high low when RSI made a lower low. - It's currently making a bullish wedge after a successful breakout. Cons: - Could be a false breakout, with volume significantly decreasing afterward. - We haven't confirmed the breakout of this bullish wedge yet. Entries: - Aggressive buyers could choose to enter now between 12.8 - 13.8. - Conservative buyers should enter as the price breaks the falling wedge at 13.8. - The trade is a 3.2 R/R trade indicated on the graph. Personal PT: 16.51 / 17.48 / 20.28 (unlikely in short term) Personal SL: 11.8 If you find this helpful please give a thumbs-up and good luck trading!
Long
by Mattyx227
Intracycle Top Idea (Part 2)This is a follow-up to my previous TA which I will link down below. It is very much possible that a blow of top scenario plays out around 100k and if that does happen then the chances of that been a intracycle top increases dramatically. If price does pop at around 100k on June 8th 2021 and then comes back down to the 0.5 Fib and holds, the intracycle top theory can quite possibly become a reality , interesting times ahead! Fibonacci Time Zone Dates : June 8th 2021 - 104k October 12th 2021 - 59k April 13th 2021 - 260k "There is no top for Bitcoin as there is no bottom for fiat"
COINBASE:BTCUSDLong
by Sporia
4
Intracycle Top Idea (BTC)Today I have been going over the possibility of intracycle top playing out for bitcoin. In the past there has been one cycle that has had a intracycle top and that was the cycle of 2013 , price peaked and crashed only to come up later that year to put in a higher high. The Fibonacci Time Zones I have set on these dates have been working really well so far at pin pointing potential pivot points in this bull run. If price does peak at 125k on June 8th 2021 there is a possibility that it is a intracycle top, with another peak following on April 13th 2022 at 320k. The Genesis Line This red dotted line you see in the chart acting as resistance goes back to the very beginning of bitcoin it has acted as support and resistance through the years, its by far the line that has the most confluence points in bitcoins entre history. So from peak to peak in the cycle 2013 , it took bitcoin 235 days , the number I get using Fibonacci time zones is 298days if there is a intracycle top , also a 50% drop to the 0.5 fib would be in play since price has been dropping back to the 0.5fib the entire bull run I will link my previous TA showing exactly that. Since there has only been one cycle before with a intracycle peak there is no real strong data to go with , one data point doesn't hold much weight. One thing's for sure is that this red resistance line is no joke and I strongly believe that its going to play a big part in bitcoins future, i will link below a picture of the Genesis line. ibb.co
BITSTAMP:BTCUSD
by Sporia
8
Large breakout imminent!!!Several patterns to take into consideration here: There is a large ascending triangle, marked in green, which is a bullish pattern and gives a likely target of approximately $70000 after a break up and approximately $43500 after a break down. An inverse head and shoulders pattern can be seen within the ascending triangle, sharing a neckline with the resistance of this triangle. This also gives an approximate target of $70000 after a break up and approximately $51000 after a break down. For about the last 6 months bitcoin has been bouncing between support and resistance in a very large narrowing rising wedge. Technically, this is a bearish pattern, however it is evident that we are in a very strong bull trend at the moment and the possibility of breaking up increases due to the ascending triangle and the inverse head and shoulders
BITSTAMP:BTCUSD
by stackingsatsandeth
1
🌧️ THETA Possible BreakoutTHETA has seen some considerable gains recently, but there could be more. THETA is developing a large bullish flag, and a breakout of the descending wedge could signal more upside. Watch for a breakout approaching the end of the flag and ensure that it finds support around the $12.12-$12.66 levels. From there, we can expect a rise to $17.8 or even $22.4 depending if you go by the length of the flagpole or the height of the flag (: This could be a huge buying opportunity alongside news of THETA's NFT marketplace dropping by 26 April, giving hints at a bullish rise.
Long
by RainyTrader
Bitcoin Trendlines and WeekendsThere many trendlines that you can follow this bull run for me its this one , it has by far the most interesting confluence points and it starts with the run breaking previous ATH. What I have noticed is that this trendline is a catalyst for momentum and more importantly it seems to happen on weekends. Whenever we bounce off this trendline on a weekend we trigger massive momentum for the upcoming week and follow through in that direction , so far there has never been a reversal on a weekend or the week following on this trendline. As of this morning price again bounced off this trendline just like the other 4 times this bull run so its repeated exactly same pattern , the only thing that is missing here is volume we have been contracting massively on volume. I think the next move for bitcoin will be massive sort of like the candle we had February 8/9th and break through 59k resistance next 7days possibly.
COINBASE:BTCUSDLong
by Sporia
2
Head and Shoulders formed for Cardano ADAOn a 4 hour chart, ADA has formed head and shoulders pattern. Though ADA is still trying to recover from Bitcon's fall earlier today. But doesn't looks like it is over yet. There are two scenarios that are possible. Scenario 1, ADA to continue to recover and continue in same parallel channel. But this looks unlikely at this stage Scenario 2, There is higher possibility of this happening. If ADA takes this route and be ready for some significant drop in ADA prices over the coming days. Currently ADA is at the neckline, which is a very critical stage. Hopefully by tomorrow we have firm decision on where it's heading. If you like this pattern, dont forget to Like and leave your comments NOTE: These are my personal notes and should not be taken as a financial advice. Do your own research
by Manjyot
1
Cycle Bottom July 2022 ( 45k )Every Cycle the price has bottomed at the 0.382 Fib ,so if history repeats that would put this cycle bottom at 45924. By following the current trend and by using the resistance line from the last two cycle peaks we get a potential timeframe for this cycle peak which would put it sometime late July to mid August. Also we get the price of 223000 , so what's interesting is that a 80% retrace from that point lands right on the bottom of this support line dating back to 2015 and down to the 0.382 Fib which also hits on this Fib Time zone on July 2022.
BITSTAMP:BTCUSD
by Sporia
7