GBPJPY ShortShort Possibility for GBPJPY as
- Approaching its first resistance/61.8% fibonachi retracement/38.2% Fibonachi retracement
- Approaching the channel resistance trend line
- Divergence in 1 hour time frame visible
Short Entry on breakout and when the price closes below 13 EMA
Entry levels and TP as mentioned in the chart.
Resistances
ETHUSD - Bullish signs with a hint of dangerNot gonna talk too much.
Ex-resistances are now supports,
Hidden bullish div spotted,
We're stull following the Gann Fan quite well,
RSI shows potential for a squeeze which will break either up or down. You decide.
We're currently ahead of other cryptos, so ETH will show the way of the markets.
In case of a breakdown in down direction, supports around 670 (ex-resistance + trend) and 600 (fan + ex-resistance).
In case of break up, retest 800's and afterwards 860's midterm.
As always, do your own research before investing. I'm just a worm with no brains :D
XRP Stands For “NOPE”By request (shoutout to earduman!), here’s a quick analysis of RIPPLE.
The BITFINEX XRPUSD chart says it with the most clarity: We’ve failed to break out of the 50 EMA three times, going on four. What’s worse is the 200 EMA has reared its ugly head to double-team our poor alt coin.
Support shows at $0.46 with the next level at a suicidal drop of $0.22 (Yikes. There’s likely some support in the $0.30s but it doesn’t look strong).
If the Red Bull traders could just sell and get back to their eSports, sooner rather than later, the rest of us can get in and out of the “despair” phase of the bubble. That would be ideal.
NOTE: The crypto market rarely ever hands us the “ideal”. So don’t hold your breath.
DISCLAIMER: I could be wrong. Some heavy hitters are entering the market (Soros & others). I would expect Ripple to be one of the first alt coins to enter their radar. So keep an eye on unnatural movement (i.e. pump and dumps).
XRP/USD - I'm Thinking Resistance Might Hold - Expecting a DipReally quick video to this morning to follow up on last nights video. Not a whole lot has changed since the last video.
I do however explain a little bit more of what i think a dip back to the $1.00 area will play out.
I hope you enjoyed the update... give me a like and leave me a comment with your thoughts on XRP.
$BTC $USD Resistance , Support Levels, 10.15K Intraday Target.Hey guys!
Been charting last few days, here are Resistance and Support levels where we currently sit.
We are in a bull market with full reversal confirmation.
Next Target is 10.1k, with Target after that around the 11.8k Range, with Descending TL from 19.7K.
Cheers
Platinum shortwe see price is near a confirmed resistance area where it shows strong reaction to the downside before
-we also see a rising Trendline (very steep)
-also 2 pretty nice supply zones (the 2 highs to the left)
I look for a short entry in case of a strong bearish candle which breaks n close through the rising trendline
Alternative a long entry is justified after a break of the resistance to the upside .