Sub $30K Bitcoin price sell-off would require panic ‘to a large Market analysis suggests that for Bitcoin to start knocking on the door of a sub $30,000 Bitcoin, sellers would “need to panic out to a large degree.
Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable buyer interest in the $30,000 region on large exchanges Coinbase and Binance.
There is 5,000 Bitcoin sat ready to purchase down to a $30,000 price, and another 7,000 BTC down to a $28,000 price on Binance.
The sell-off may not be over, but Bitcoin (BTC) buyers can take solace in the knowledge that order books in the $28,500 to $30,000 region are dense. Consequently, the price plunge due to Russia’s military operations may take a breather.
Crytopcurrency
XRPUSD | Buy Long | price has broken the trend!In my novice analysis I have concluded that because of the extreme high we saw in this pair at 2.6 previously and then the extremes of consolidating lows around .14103 there is anticipation for a bull run.
•the price has broken the trend line creating higher lows on the weekly and daily
•price has been consolidating for an extended period of time after a huge draw down, strong buy opportunity with clean entry
•SL has been placed at last most recent low
•TP1 & Tp2 are in the next zones above
With possibly more to gain
I am watching what price does at .28863 and then will take an entry if applicable.
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Please feel free to post your analysis or critiques and opinions ...I’m open to what others are seeing on this chart! Anything helps! GLGT
NAV Risk Reward to good to not enterNAV showing good support at the bottom of the long term trendline. Stoch RSI clearly indicating a buy. Risk reward too good to miss out on. This is a long term trade with great return potential. Closer in NAV shows a solid floor and eagerness to breakout.
NAV has just become the first cryto currency to be officially declared carbon neutral which seems very bullish news. NAV also has the new anon system ZeroCT to be implemented in coming months and an air drop for the Valence platform so this one seems very positive.
More generally alts are likely to start making recovery moves soon throughout the market.
Ripple - Long Opportunity - $1.2 - 1.5Hello everyone! First of all, I would like to wish you happy holidays and also apologize for my inactivity these days. Second, I would like to share with you my Ripple analysis for the next few days. As you can see in the chart, there is a big triangle pattern about to be completed. This pattern is accompanied by an upward trend, so we can expect a bullish price movement. For the moment, the price is testing its current trend line, which means that the following price movements are fundamental to determine if the price targets are viable or, on the contrary, we should change our price expectations. That is exactly why I recommend that you wait for a price bounce before taking any investment decision. I will be updating this post all the time :)
MY ORDERS
BUY STOP: 1.05
Take Profit 1: 1.24900
Take Profit 2: 1.49500
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Monaco maybe side way If him don't crash 9800Monaco maybe side way If him don't crash 9800
Then him go far with support XABCD Patter, Triangle Patten
Thanks