Lowerhigh
You can't believe this chart in XRP!!! It's exploding now!!!XRP it's exploding right now!!!
We have in weekly chart that XRP it's so bullish and we formed this support in the trend line that we formed lower high that I show you in this blue arrow. Look, in 4 ocassion we formed lower high and the price it's going to recover for the past price levels. And gusy, for that I say in my past days and weeklys that I was bought XRP in the dip with 70% disccount of the price from the massive sell from $0.80 cents approximately toward the $0.19 cents. I'm average, I bought in levels at $0.25, $0.26 and 0.29 cents approximately. I have 1,000 XRP in my position keep for the next bull rally to accumulate Bitcoin in Prime XBT, I have near of 6,500 XRP in my wallet and recentrly I bougth my 2,000 XRP contract in the bullish rising wedge that I show you in the analysis that I add below in my link to related ideas to explain why it's the moment to bought XRP as make trading to keep both position to long term.
And now, these are my 3 targets for XRP: $20, $50 and $100. So, tomorrow we closed this monthly candlestick to end the month of January 2021 and maybe, we could see for the next month February 2021 to know the next data. And look, we are in the crucial moment as XRP was break up this bearish channel, we could hae a similar movement on the past bull rally 2017 to find up a new maximum price for XRP. For that, XRP it's going to the moon in the next months.
My great question it's Are you bought enought XRP or invest in this cryptocurrency? I ask this question for you to prove if you're hold XRP, becuase XRP it's one of my crypto in my own radar and unique becuase it's used to move money with cheapest commision without issues, and banks use this service, but the wealth transfer it's can to put XRP it's the god of the adoption.
For that, I don't missing to invest in XRP. the same that Cardano and other cryptocurrency in my radar!!!
Guys, if you sound that this content it's so interesting for you, please comment below in the commentbox and explain if you believe that XRP it's bring us a big adoption for then next month and what do you think about my analysis in XRP.
Helium bulls trying to confirm a daily trend change on BTC pairHelium bulls are watching this daily chart, aiming to confirm a daily trend change on the BTC pairing.
Middle Term Analysis for BTC-USDTBitcoin repeated the historical cycle. Will the growth continue or falling down slowly with Lower Low, Low High pattern? It's so hard to predict that. But I believe with all my heart the growth will continue!
Arrow signs are simple guesses. It might not go out of sync with my prediction.
My discourses, my analysis and my drawing are definitely not investment recommendations. Cryptocurrency trading involves high market risk. Please take care of your trades. My analysis is for educational purposes, I am not responsible for your losses.
USD/CHF - Trend IdentificationGood Morning Traders. Here is an educational piece on two key things.
Before trading a currency pair, we want to head to at least the daily chart to identify the long term trend on the pair before we scale down to our lower time frames. To identify a trend is simple. For an uptrend, look for higher highs and higher lows.
Here is a clear long term downtrend on UCHF. We can see price is making lower highs and lower lows. This indicates a downtrend.
It is important to zoom out and see highs and lows of markets long term. We've done that here with USD/CHF and we can see that price is now at 6 year lows! Will sellers keep pushing price down further or is this a level where buyers will jump into the market?
Top Tip - You can always switch to a line chart. This makes identifying the trend easier for forex beginners!
NASDAQ100 Sell ideaNASDAQ is now below 100ema on H4 and has a lower high with a break of local low. I believe now there will be a big correction on NASDAQ100 and it's a good time to sell!
Apple - Fibonacci and Higher Lows at Retracement LevelsApple had a solid run over the summer, well really from April to July.
The past few weeks APPL has been trending down but when we zoom out to the weekly time frame we can identify that APPL is still in an uptrend.
It continues to make Higher Lows.
It is above the Exponential Moving Average.
We can also take a look at the Fibonacci Retracement which I find really interesting.
After the stock split, it retraced to the 78.6% level where it found support and made a Lower High in October before dropping to the 61.8 level and finding support.
It bounced and found resistance at the 38.2% level and dropped finding support at the 50% level today.
This seems to be a very bullish pattern and I think we will reach an ATH within the next few months.
The swing trade looks very doable.
Please let me know your thoughts.
Disclaimer: I am not a financial advisor. This is not financial advice. This is not trading advice. This is purely for educational purposes only.
S&P500 - Better Buy Prices on Deck possibly this weekMinor dip, and what appears to be a lower high unless prices move higher in the last couple of hours. Minor bearish divergence detected on the RSI. Ultimately I am long, got the shorting out of my system at the beginning of the year. Just looking to invest at better prices. We are overdue for a little bit of pain as well as illustrated by my previous idea which did play out.
Also price keeps hovering near the 3666 number, I'm sure it's pure coincidence, it always is...
Would be aiming for a test of 3612 if I were shorting from today's highs. 4 More days after today and then I would hope to not be staring at charts the next week, save for possibly cryptocurrencies and to have all available cash invested for this year.
EURO STOXX 50 #RRR 1:4 Short Setup LL and LHHI BIG PLAYERS,
on EURO STOXX 50 I found a nice LL and LH signal for shortsetup.
In 1 h chart the last low breakdown the previous low and in the 15 min chart it seems also like a lower low and a lower high.
The RRR (Risk-Return-Ratio) would be 1:4.
Kind regards
NXT2017
Price Rejects Daily Resistance LevelThe key price action resistance level we discussed at the start of the week has now held with a large daily chart bearish engulfing bar.
Price is now rotating lower and is looking to move into the next daily support level around 1862.50.
This market has now formed a series of lower highs on the daily chart.
If we can see this next support level break with a new lower low, then the bears would look to be in full control and the trend higher that has been in place for the majority of this year would have shifted.