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Overview Market Analysis: Great Britain Pound still bullish!!!In this macroanalysis, we see that Pound still bullish against the U.S. Dollar and then, the inflation of the U.S. Dollar it's another siganl that FED ccontinue unstable the U.S. policy market. That it's a big warning to invest in United States, as the correlation on Bitcoin it's the same of Great Britain Pound that continue bullish. So, we are in the bearish cycle for the U.S Dollar and bullish cycle for the Great Britain Pound. Now, looking in weekly update, I put a new important key trend line support that Pound still bullish. My next target will be the $1.43 USD. That it's so amazing to know it and put a long position in GBP/USD with good lots to make near of 800 pips. But,if you're looking in monthly chart, the trend on Pound it's so bullish and I have a forecast that Pound could reach up toward the $1.62 USD. What do you think about this overview? Could Pound continue agains the rival U.S. Dollar, and America could to have an issue to collapse the economy based in the more inflation?
Long
by harisonhbn9718
1
XRP - The completion of 2nd wave in the range of 0.170The 2 / B wave has ended in the range of 0.1140 and the price was able to reach the range of 0.7900 with 5 ascending waves. Under the influence of market news for this currency, the price pushed down to the range of 0.1700. (Completed the 2nd Wave) Currently, by having the price hitting the channel line, there is a scenario that wave 2 is over and wave 3 has been started. I am personally waiting for the targets of $ 8 to $ 13 for this currency in the 2021 year. For this currency the first buy target range again is on 0.3468 price level, the aforementioned range have been concluded according to the Price Action rules, and also, the second buy area will be set after the end of the first 5 uptrend waves. ( 10Days Chart )
BITSTAMP:XRPUSDLong
by NirmataFX
1
Trying to gain popularity and formation of ascending movement In the weekly chart, there are two important ranges. The first range is $ 497.10, by crossing this range, we can be hopeful for an uptrend formation for the targets of $ 2,200 to $ 3,000. Also, if the price crosses the range of $ 231.07, it may encounter the Triangle pattern, in which a long corrective movement is predictable and then we expect a descending movement up to the range of $ 45-50. ( weekly Chart ) In the daily chart, we can have this wave count that wave 2 has ended in the range of 140.65, and the price is forming wave iii. However, to confirm the uptrend, the price must cross the range of $ 497.10. Personally, I’m interested in putting my investment in Light Coin (SHA256).
KRAKEN:BCHUSD
by NirmataFX
Q: What is your idea about gold in this week? A: As shown in the picture, wave IV has ended in the range of $ 1764, and the price is rising in the V wave. From the sub-waves of this uptrend, wave ii has ended in the range of $ 1818, also by the price crossing the range of $ 1855, we are waiting for the price increase for the target of $ 2200. The first ascending wave from V point, is likely ending in the range of $ 1965 and after a corrective movement, the price will return to the uptrend phase.
FX_IDC:XAUUSDLong
by NirmataFX
1
To the moon with full powerFrom the Bitcoin family, Litecoin is a digital asset token of the Litecoin network that can surprise everyone. My only complaint is that I own the least of this token. In the weekly chart, and according to the wave counting, the price is in the 5th wave of the uptrend, according to the Fibonacci ratio in wave 5, this uptrend can be extended up to the target of $ 1688. (Weekly Chart) The price is in the 5th wave from the sub-waves of the 3rd wave, in which the price has the largest movements as usual. As you see, the daily chart is totally clear, there is the possibility that the first wave from the 3rd point ends in the range of $ 438. In continuation, I expect the advent of a strong uptrend, initially for the target of $ 597 and finally the target of $ 1600.
COINBASE:LTCUSDLong
by NirmataFX
1
Dow Jones – The advent of Diagonal pattern on the 240minuteChartThere is the probability for the completion of the first 5 ascending wave of 1 / A (Weekly Chart ) In the weekly chart, we had this wave counting, this uptrend is likely in the wave 5 from point of 1 / A. ( Daily Chart ) In the daily chart, with the end of wave 4 in the range of 18213.70, the 5th wave has started, currently the price is in the sub-waves of the V wave. The Diagonal pattern is formed in the 240-minute chart, which can be ended in the range of 30325 to 30500, this pattern will be confirmed by crossing the price from the range of 29820. The targets of this pattern are the range of 28920 (starting point of the pattern), by considering the gap, we can also include the range of 28440. The third target is in the range of 26143.
TVC:DJI
by NirmataFX
EURJPY – The Uptrend with the target of 128In weekly chart, the wave of 2 / B has ended in the range of 94.11, the price is currently in wave 3 from point 3 / C. ( Weekly Chart ) In sub- waves of wave 3, the wave 2 is completed with a Diagonal pattern in the range of 114.39. In the daily chart, with the completion of wave 2 in the range of 114.39, the first ascending wave in 3 is ended in the range of 127.07, and its retracement movement is finished in the range of 121.51. (Daily Chart ) In the 240-minute chart and by reviewing the details, it is clear that the price is in the wave 3 of iii, which should be a long wave. The confirmation of this uptrend will be received by the price crossing the range of 126.73.
Long
by NirmataFX
Ripple - The second probable scenario for RippleThere is the possibility that the IV wave ended in the range of 0.4560, and the price of the first uptrend finished in the range of 0.6813, also it seems the corrective movement ended in the range of 0.4850 with the Diagonal pattern. The confirmation of this scenario will be received when the price crossing the 0.6052 range. If the price crosses the range of 0.4560, this analysis will be violated, in this case the downtrend can be extended up to 0.42. If we receive the confirmation for this analysis, we can consider the target of $ 2 for the uptrend.
BITSTAMP:XRPUSD
by NirmataFX