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XRP to tumble to 0.16$!CryptoAST XRP USD UPDATE
We stated on our last XRP update that we are actually in a downward channel on XRP on the daily and we would be hitting the roof at 0.34$ and thereafter, after meeting the resistance down trend line, we would be seeing a drop to 0.25$. Apologies, I had not given the short like I had given the long from 0.23$ to 0.34$ even though we had a plan this would happen.
We will give you an update of the market, per usual once again.
- Now on the daily, we are seeing resistance from the EMA and SMA. We can also see that even though our momentum indicators are extremely bearish, we still have capacity for continued bearish price action down to 0.22$. Thereafter, we should see a rise to 0.25-0.26$ before the real bearish price action to lows of 0.16$ begins, with support being met at this level simply because this level is the trend line support intersection with price.
- The four hourly chart is showing the same as above.
- On the hourly, we can see a more intricate and reliable analysis that 0.245$ highs could be met first to meet EMA 200 resistance before bearish price action begins rather than 0.25-0.26$ dynamic price ceiling. More likely is 0.24$ price ceiling in the near future, where we can see short orders are piled up, if we zoom into the 30m timeframe .
- We expect price to drop to lows of 0.16$ in the medium term on XRP/USD. We already have a short position given to everyone to take on this information.
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AUS200 (S&P/ASK) (SELL MEDIUM TERM)I know this is slightly late, however this trade is active on my side and i am looking to take profit from the start of this impulsive leg. At around 6964.92 area, i will be looking to trail my stop to 7123.57 and continue from there in order to try and capitalize on this move down!
FUN LONG Signal by The Channel with Most WINS ever!FUN
FUN recently broke out of support zone, but has majorly struggled with breaking above the 200 MA. The 50 & 100 Crossed over making a bullish attempts, but has thus broken back to the 100 MA. This point is VERY important to hold. IF 100 MA DOESNT hold, then expect a drop back to double bottom support at ~20 sats. In this case, the STOCH is oversold and RSI is looking to break UP. Therefore, I expect 100 MA to hold and push up and break OUT of 200 MA. Main targets are previous high of T1 at 50 sats. Then on to the major target just below daily resistance block at 66 sats. Scam wick may bring us up to the top of 88 sats. Take profit here and wait for retrace!
Possible Entires: 35-40 sats
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STRATIS Analysis by Altchica - BEST Telegram Channel! STRATIS/USD
STRATIS has pushed strongly out of the support zone, following BTC path. The green wick on buy volume was significant. Currently the 50 & 100 MA are at a crossroad and touching just barely. Its possible we touch back to 100 MA, but I expect it be a small wick and further push to T1 at the triple green wick touch of $.43. If Stratis does manage to push further, I expect a bullish cross. This would enable Stratis to hit T2 at $.46 of the 200 MA. Lastly, T3 would finalize the full wave at a small temporary resistance of .50-.53!
Possible Entries: $.32-.37
BNB LONG signal by The Most Accurate Altcoin Channel!BNB
BNB is in a great position right now, even with the small retrace. If you see in the chart, BNB is progressively making higher highs and lower lows. The 50 & 100 MA maintained the bullish crossover and the daily RSI and STOCH have almost bottomed out in the oversold range. This is a great opportunity to long BNB. I expect the bounce to occur between the buy zone of .00200-.00206. This entry is perfect for a long, and look for the exit points as targeted. I expect 200 MA to continue to drop to T2 at .00245. The final targe, T3 at .0029 would be a prime full exit of the position. I expect some retrace before we launch back above .0030 zone.
Possible Entries: .00200-.00206
For more analysis and more details, check out my free Telegram channel: t.me
For +90% accurate, clear signals (you can freely ask me for my astonishing VIP stats), mixed Binance and BitMEX with occasional Bitcoin macro predictions, join in my Altchica VIP group by sending me a message at t.me I am waiting for you!
Buy GBPUSDOnly entering this trade if we have a bullish engulfing over asian session candles.
I do 300-500 pips a week. Telegram Signals in bio.
Quick enter and exit trade for 30-100 pips.
Market psychology. The banks and firms do exactly the opposite of what the retail traders do. That's how they make their money. This, if criteria are met, will be the perfect example.