1 minute ago XRP followed the rest of the alts for a correction. Now, against the background of overheating of the market, XRP was growing 10% and touched the support level at 1.26 and immediately went up, I expect a long, with a slight drawdown for retesting the level of 1.26. Do you agree?) Your Solldy.
Important things to note: Price has tested main support Price has tested 200MA Basing pattern may form, watch for handle BTC's movement upward to 55k is allowing ADA to consolidate at support If new high is created we will have perfect ascending wedge New trendline created with lowered slope My upside target is 3.16-3.24 (profit taking) My downside target is...
As you see one can call this a descending triangle . But I prefer to call it a symmetrical balanced structure which is in tight consolidation as time passes . You'll see a breakout . Only the ones that happen with good volumes last !
The potential different and the readjustment connecting between the current resistant and breakout are reasonable. XRP/USDT is also targeting another phase of all time high. - Triggered long on the weekly and daily time frames. - Managing TP at this point is considered. - The general purpose of including TP1 and SL1 is bravely supported.
Hi traders: Also eyeing NZDCAD's bearish price action to confirm the downside move. Here we can see after the strong bearish impulse down from the top, price begin its consolidations. We can see a clear parallel channel forming, with a few swing highs and lows. Latest price also give us a potential double tops, lower time frame ascending channel to the top...
Since july, Vesper Finance shows a slowingdown downtrend, and looks ready to reverse after a flat stage, probably accumulation. You can see an inversed Head & Shoulders just breaking by the upside at the moment. --> Perfect place to take a position. If price confirm the break out and BTC don't nuke, we're going to 20$. Want to learn from the bests and see...
Important things to note: BTC closed above 51K, likely to test 55k next. ADA tested main trendline twice and produced long wicks Started moving back up into a basing pattern (happens prior to price move) Short term target 3.16-3.24 Volume filling Pullback overdue, ADA shows oversold on weekly. ADA price sitting right above main trendline Important Dates to Take...
Hello traders! For my opinion this pair is down because is in the channel scheme and and there is to consolidation. Target one: sell 1.17420 Don`t forget to look the economic calendar. THANK YOU! GOOD LUCK!
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. XRPUSD: Running about +2% profit Full analysis/forecast: EURUSD: 2 positions out for +7.9% profit Full analysis/forecast: SILVER: out for +0.25% profit Full...
Cake As for the falling wedge/ bullflag after 6 weeks in an uptrend. Confirm break out before entering. Targets work while using technical analysis and pattern trading. Short term, mid term and long term targets.
Hi everyone: Also paying attention to LINK as we have similar bullish reversal price action on the LTF. After price dropped down from the bearish sell off, we see a descending structure forming, correcting the price within. Its a good indication that we have double bottoms, bullish reversal impulse to break out of the descending price action. This give us a...
So, lets talk about what we see from this chart first. We can see that once a 2nd new higher high was made, ADA ran to test the all time high and broke a serious psychological resistance level at 3.0. This test was successful which created quite a nice flagpole, and has prompted ADA to consolidate in a normal flagging pattern. This flag pattern signals...
Hi everyone: Ripple has a clean bullish price action on the lower time frames, and is also align with the overall higher time frame bullish outlook as well. We can see a strong HTF bullish impulse up move, and now the price is in a larger continuation correction structure. With a few swing highs and lows, price made a double bottoms, and a bullish reversal out...
If the symmetry plays out as previous occasions on the weekly chart, we should see V hit $250 price target by mid-November.
In a previous analysis on Alice , I recognized the possibility of a price increase - now in 4-hour timeframe another signal is formed to Increase Price
Classic Inverse Head & Shoulders bullish idea. Enter long at green(you can enter at first green line or second green line), exit for loss at red or exit for gain orange lines(you can exit at either orange line). DISCLAIMER: I'M NOT A PROFESSIONAL TRADER AND THIS IS NOT A TRADING ADVICE.