XRP/USD: Road to $0.20 centsXRP doesnt't hit their historical maximum price of $3.42 USD since January 2019 (past big altseason), but XRP made a historical maximum price of almost $1.90 USD since April 2021 and we never make a higher high since then.
So guys, technically, we forming a descending triangle in the price and we could to look a possible crash of 60% of their price to take note in this cryptocurrency and mark a road to $0.20 cents approximately. Also the MACD indicator show sell inminent if you hold XRP because we suppose a possible big crash in the crypto-market and the worse it's happening now!!!
So guys, buy again XRP to $0.20 cents, it's incredible if the price reach this level very cheap. I would like to buy a lot XRP and accumulate in my trading app to find up 200% yearly to get that compound interest and increasing XRP assets by long term like excellent opportunities to long term.
So, I will take in my radar my favorite altcoin that it's Ripple or called XRP. Do you know that XRP has a strong fundamental key to take in note by long term!!!!
Monthlystructure
USDJPY - Where Will it Go? Welcome back! Here's an analysis of this pair!
**USDJPY - The pair is heavily bullish and headed toward it's origin high 128.70 zone from May 1, 2002. We could see a slight correction before the continued movement higher, but currently there's no signs of a bearish turn-around. Hopefully, we will see a nice decline from the record high level, as we've seen in previous historical data.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Vechain outlook analysisVechain it's look bullish from this point on monthly timeframe. As we ended the month March 2022. Vechain show us that this it's a good moment to buy this cryptocurrency and invest in it. Also, I admire a lot this cryptocurrency like investment. But I want to share some screenshot that I fond out in this cryptocurrency
First, in monthly timeframe we forming a bullish rising wedge clearly and this cryptocurrency could to blow up in the next months.
In weekly timeframe, we forming this bearish channel, in the previously candlestick, Vechain it's look with a sentiment bullish. And also, we see a bullish crab harmonic pattern formed.
You can to view here this harmonic pattern formed.
So guys, my conclusion will be it's that Vechain it's ready to blow up and I prefer to make a swing trading. But I can to hold a lot swing trading posiiton as I'm in two in Dogecoin and Tron (but Tron it's so ready to take my target that you can to view in my link to related idea below of this anaysis.). But, I'm so bullish in Vechain, if you invest in this cryptocurrency, you make a good choice.
I hope that this analysis support you. But as I prefer, I can't to hold a lot swing position as I have my risk calculated until I make a break even in one of my trades in Tron or Dogecoin to cut the loss in zero and protect my position. But I will consider this analysis in case that I want to make a swing trading in Vechain.
USDJPY STRONG SELL COMINGWelcome back! Here's an analysis of this pair!
**USDJPY - listen to video analysis.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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XAUUSD Will it break the historical high?If we take a look in the monthly time frame, we can see a very bullish price action. We have an impulse correction pattern which can lead the price ti create a higher high. Also, if we take the fibonacci from low to high the price has clearly respect the .618 of the fibonacci level.
Everything look bullish but to break the historical high the technical analysis is not enough. The fundamentals will be crucial for this to happen.
EURAUD LONG MONTHLY TF
- We've seen price test the 200 EMA twice recently and fail to break it to the downside.
- The month is off to a very bullish start. Price is currently at a strong daily resistance. We might see price pullback then continue to the upside.
- The monthly RSI just crossed the 50 to the upside.
- MACD bullish crossover, downtrend dying down.
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Disclaimer: This is in no way trading or financial advice.
NZDCAD SHORT MONTHLY TFMonthly: Price appears to be forming the right shoulder of a H&S pattern. After the previous bearish leg formed, price has failed to break the 0.382 level of the fib retracement. Since price hasn't broken the level, I expect price to go to the downside (support level) to complete the H&S pattern.
Weekly: A bearish candle just close. Price is currently bearish and I expect it to continue bearish.
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Bitcoin monthly chart looks good!!Technical analysis: #BITCOIN (Monthly update)
* BTCUSDT is Forming Ascending Triangle Pattern in Monthly timeframe.
Bitcoin Bulls need to Reclaim the 62k Horizontal Resistance for Upside Breakout..
*The price is trading ABOVE both MA's (50- MA and 21 MA) as well as trend line ,
* LOOK too bullish when ever its trade above the both MA's but need to break Ascending Triangle Pattern in Monthly timeframe to next leg upside.
* RSI above the 59 that's means bulls are upper hand, it will take momentum from here..
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Crypto TOTAL MarketCap PredictionIn this technical analysis, I looked at the Crypto TOTAL MarketCap chart to determine its future targets.
If we consider the starting point of Gann Box Tool on October 1, 2015 and the point of 0.236 in January 2018, we see that the point of 0.382 in April 2019 indicates the beginning of the uptrend. After that, we started a time correction until we reached the point of 0.5 in March 2020 and until the end of the point of 0.618, which coincides with the date of April 2021, we saw a strong uptrend.
Then we had a price correction that lasted until July 20, 2021, and after that we saw the price grow to the previous ATH.
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For the coming months, I expect the index to reach the internal 0.618 gann box range after a short-term correction above 1.9 trillion, which is in March 2022.
After that, I expect the index to grow to 4 or 7 or 11 Trillion dollar, which is in the second half of 2022.
A long-term target for 2025 to 2027 is also available, around 29 trillion dollar, set by Fibonacci at level 1.618.
HAKA/USDT , Will it create a higher high?Analysis from Monthly all the way down to daily
Monthly
The price is very bullish. The price was over extended and made a retracement to the .618 fibonacci level. We were expecting the move because the 618 fib level is the most tested level in the market.
Weekly
The situation in the weekly time frame is the same situation that we have in M.
Daily
The price is currently rejecting the .618 fibonacci level place on monthly structure.
4hr
The price was making lower lows, but the market shift with the creation of a high. A good zone to see a rejection before the continuation to the up side could be at the price of 0.2844
Conclusion
The price is extremely bullish. We can see the creation of a higher high in Monthly time- frame.
THANK YOU FOR THE SUPPORT !!!!
USDCHF MONTHLY RISING WEDGE USDxxx (CHF,CAD,JPY) have always been in a down trend which mainly means DXY is doing the same and if you know when to enter it could be very profitable.
Clearly a BEARISH TREND on Monthly,
Weekly the market shows a breakout of the YEARLY BEARISH TREND RESISTANCE LINE but never broke above the previous LOWER HIGH to confirm a trend reversal.
After the trend breakout we see a 6 YEAR CONSOLIDATION! Just bouncing 800+ pips from support to resistance.
As of JULY 2020 the market BROKE OUT the yearly consolidation and is now RETESTING around .9400
Im expecting continuation of trend to the downside
watchout for sell setups and just fib
TP1 .7200
TP2 .6000
EWZS - long setup monthly chartsEWZS, like most of the Latin America ETFs has underperformed the broader markets so far, and has been unable to go past pre Covid highs.
Below are some considerations
1. Price has just come over the 20 day Moving Average after being in a downwards structure, which is an area of interest for me
2. All the ETFs in the Latin America space have shown recent strengths however, all except Mexico, are currently below their 200 Day MA which could act as an intermittent resistance zone
3. Monthly chart structure looks positive and RSI on all larger time frames are promising
4. Price is currently 3.74% below its 200 Day MA
Current Ranking is as follows based on Relative Strength
ETF Name Ticker Strength Score Rank
iShares MSCI Brazil Small Cap ETF EWZS 50.00% 6
Ishares Msci Brazil ETF EWZ 20.00% 8
iShares MSCI Mexico ETF EWW 70.00% 4
iShares MSCI Peru ETF EPU 100.00% 1
iShares MSCI BRIC ETF BKF 90.00% 2
iShares MSCI Chile ETF ECH 10.00% 10
iShares MSCI Emerging Markets ETF EEM 70.00% 4
iShares Latin America 40 ETF ILF 30.00% 7
Invesco DWA Emerging Markets Momentum ETF PIE 20.00% 8
Vanguard Emerging Markets Stock Index Fund ETF VWO 90.00% 2
This gives us a dynamic perspective of current strengths. Note, one of the better times for a low risk reward trade is trading/investing near its 20 day or 20 week average and you know your reasons for your trade. Hence , EWZS stands with a chance for possible shift on momentum. I will add more charts on these ETFs and link them
Till then, share your views and happy investing