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XRP in the short term 2022We are seeing a lot of pressure in conventional markets along with commodity markets with all the inflation and recession numbers involved. With FED moving forward with strong interest rate hikes well into 2023 I can see serious pressure on the XRP price given that there is still no settlement for 2022 or the end of the case until 2023. Fibonacci levels all the way down to $0.3693 and using curves to see the possible path for the XRP price in the short term. If these price points become reality it will become beautiful opportunities for cost averaging and taking advantage of low entry points.
Short
by altcoinb
DXY I Short-term Short from Resistance Welcome back! Let me know your thoughts in the comments! **DXY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
TVC:DXYShort
by BKTradingAcademy
2
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,329, if the support breaks down, the next supports are $ 19,917, $ 19,561 and $ 19,211. Now let's move to the resistance line as you can see the first resistance is $ 21006, if you can break it the next resistance will be $ 21796 and $ 22838. Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used, and the MACD indicator shows a local upward trend.
by cryptodailyuk
1
BTC/USDT Revive 1D IntervalHello everyone, I invite you to the BTC to USDT review for 1 day. First, with yellow lines, we can mark the triangle in which the price has been moving for a long time, then, using the blue lines, we can similarly calculate a triangle for the price, taking into account the shorter time period. Now let's check what support we should take into account and as you can see, in the first place we have a support zone from eighteen thousand six hundred ninety three dollars to eighteen thousand one hundred twenty nine dollars, then we can mark the support lines at a price of seventeen thousand five hundred ninety five dollars. Then, using the Trend Based Fib Extension tool, we will set the points of resistance that BTC must overcome in order to exit the current downward triangle upwards. We have the first resistance at nineteen thousand one hundred and seventy-seven dollars, the second at nineteen thousand five hundred and sixteen dollars, the third at nineteen thousand eight hundred and two dollars, another at twenty thousand seventy-nine dollars, and twenty thousand four hundred and sixty-four dollars. Finally, let's pay attention to the CHOP index which indicates that the energy is rising again, and the MACD indicator shows a local downward trend.
by cryptodailyuk
2
Daily review of BTC interval 1H short-termHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the designation of the support line and as you can see the first support in the near future is $ 18,975, if the support breaks down, the next support is $ 18,926, $ 18,879 and $ 18,804. Now let's move from the resistance line as you can see the first resistance is $ 19,006, if you can break it the next resistance will be $ 19,074, $ 19,126 and $ 19,178. Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-hour interval, and the MACD indicator shows a local downward trend.
by cryptodailyuk
1
8300 Minimum Pips reward for SWING TradersUS Dollar index has been in an overall BULLISH since double bottom chart formation formed at price level 90.00 and it will likely continue in same direction over the next couple of months painting a picture of a repeat of 01 Feb 1985 historical price action, leading the price to 164.50 target Consequently, that will play out if price will be able to Break the minor resistance yellow line at 120.50 giving a take away of about 8300 Pips over the next few months. Swing traders will pose for hopping on the pull backs as the trend continues higher
TVC:DXYLong
by Ejike_Odeh