SHOR
ETH ,adam&eve pattern spoted INVERESE adam&eve bearish pattern spoted on ETH chart . This is on weekly time frame ,which could send ETH easily into a bear market.
Target1 : 1600-1700ish usd/eth
Target2: 1300ish
Target3: 700ish
Bear market bottom : anywhere between 240-400usd/ one eth
Invalidation: at this point every bounce under ATH is just a dead cat bounce , I think target1 is a given in the not so distant future.
SHORT.
REKT.
hey look!! a REAL ORDER BLOCKso ive just done some higher tf analysis and let me tell this .... even tho i just got stomp out shorting with dumb money....ive never been more happy because i know what smart money looks like and this is it! taking another short here back into 30k and from there rather we go up or continue trending im going to making up for losses ive had over the past month! all about staying down but most importantly is know what you are seeking on the chart and be patient enough to wait until it shows itself then go for it with no hesitation or reservation....! rip mark Douglas
$XRP XRPUSD seems to lose its juice because of #BTC Volatility Hello there ladies and gentlemen, BulloTaurus here with fresh market analysis.
This time i will go through Ripple chart and explain why i am bearish on this cryptocurrency, actually it does not have much in common with crypto as you know, but this is another story....
Well, we saw amazing volume and upward movement in November that broke the long downtrend it had across past years.
As you can see at previous massive Ripple movements you can find very interesting patterns, it moves fast and retraces perfectly to Fibonacci Retracement zones.
Based on VPVR indicator we don't have much support either till T1 (Target 1) levels.
Another factor that makes me short Ripple is the decreasing volume.
Holiday season will also affect lack of liquidity and buy pressure.
MACD shows signs of downward movement as well.
The only hope for XRP is some Christmas Miracle.
Don't get me wrong, i love Ripple, especially the gains from trading it (especially shorting ....HA!)
You should be positive to be profitable in your trades, but to be honest, Ripple has very good chances to reach 1-2$ in 2021, a healthy correction will boost more juice in the order books.
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P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!