LINK/USD: Update Long PositionAt the moment, I'm in profit in Chainlink from $26.80 USD. So, this it's my only update for Chainlink trade in this week. I have my target set to $35 USD. And my SL set to $25.20 USD.
Good Luck!!!
Trendanalysiexplained
XRP form a bullish channel'; accumulation zoneXRP form a bullish channel in 3 Daily timeframe and we see that the trend make a strong key support above of $0.74 cents. In the past, XRP break down this simetric triangle, but now, we see that XRP make support above of $0.74 cents. Now, if you thinking to buy XRP, you can to do it without any problem if you thinking to hold XRP.
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You can to look the weekly timeframe, in meium term, XRP it's leading to $3.47 USD, this it's the historical maximum price on 2017 when XRP went from less of $0.01 cents to $3.47 USD. Now, XRP going to the moon very soon. But my reccomendation it's that during the next months, open your eyes in this cryptocurrency, becaue there're a lot specualte news of big institutionals, federal reserve and government that they'll have a secret plan that the population don't know.
But now, I'm in Cardano, but in case that XRP it's look more attractive and growing up the market cap, I will going to activate my plan B.
Overview: Does 30% correction it's enought to stop and bought?At the moment, as we see in Daily and Hourly timeframe, this it's very important for Bitcoin in long term looking to weekly timeframe.
I have these 2 perspective so possible for the Bitcoin price. My first perspective it's that Bitcoin its right now in the possible correction of 30% to stop this correction in the level of $42,000 USD and well, in this zone it's a key point to bought in this level to make trading.
In case that Bitcoin break out the $42,000 USD, we can to see a strong correctio toward the $29,000 USD approximately and that it's a correction of 50%.
For that, this it's my bearish setup plan in case that Bitcoin break down the $42,000 USD key support.
And finally, I want to share you an interesting data that in the past on the previously bull run of Bitcoin on 2017 we have the similar event that was occur in the same months in February 2017, now we are in February 2021 and we see that this it's repeat the same movement what Bitcoin do in the past. For that, I share you this screenshoot what I analyze it for you.
Guys, if you found out that this idea it's sound interesting, I invite you to share this analysis with others people, traders and investor who analyze BItcoin or have a simiar plan, and also to sum my followes who follow me in my trading view, in the past 2 days I overpass the 1,000 followers, and overpass the 4,000 points ot my trading view reputation. That's excellent for me to work my talent.
You can't believe this chart in XRP!!! It's exploding now!!!XRP it's exploding right now!!!
We have in weekly chart that XRP it's so bullish and we formed this support in the trend line that we formed lower high that I show you in this blue arrow. Look, in 4 ocassion we formed lower high and the price it's going to recover for the past price levels. And gusy, for that I say in my past days and weeklys that I was bought XRP in the dip with 70% disccount of the price from the massive sell from $0.80 cents approximately toward the $0.19 cents. I'm average, I bought in levels at $0.25, $0.26 and 0.29 cents approximately. I have 1,000 XRP in my position keep for the next bull rally to accumulate Bitcoin in Prime XBT, I have near of 6,500 XRP in my wallet and recentrly I bougth my 2,000 XRP contract in the bullish rising wedge that I show you in the analysis that I add below in my link to related ideas to explain why it's the moment to bought XRP as make trading to keep both position to long term.
And now, these are my 3 targets for XRP: $20, $50 and $100. So, tomorrow we closed this monthly candlestick to end the month of January 2021 and maybe, we could see for the next month February 2021 to know the next data. And look, we are in the crucial moment as XRP was break up this bearish channel, we could hae a similar movement on the past bull rally 2017 to find up a new maximum price for XRP. For that, XRP it's going to the moon in the next months.
My great question it's Are you bought enought XRP or invest in this cryptocurrency? I ask this question for you to prove if you're hold XRP, becuase XRP it's one of my crypto in my own radar and unique becuase it's used to move money with cheapest commision without issues, and banks use this service, but the wealth transfer it's can to put XRP it's the god of the adoption.
For that, I don't missing to invest in XRP. the same that Cardano and other cryptocurrency in my radar!!!
Guys, if you sound that this content it's so interesting for you, please comment below in the commentbox and explain if you believe that XRP it's bring us a big adoption for then next month and what do you think about my analysis in XRP.
My plan to accumulate Chainlink!!! It's good idea!!!Waoh, this it's my own expectative that I hope in Chainlink, Chainlink it's a new proyect so younger that investor considered that Chainlinn it's the next Ethereum!!! And also, I belive in it that Chainlink it's the next Ethereum cycle. For that, I considered it. But the most important that today I Want to show you it's the best advantage to continue accumulate Chainlink, but look, this it's not the chart against the dollar, it's the chart against Bitcoin and my way to accumulate Chainlink it's making trading and pick up some profits to invest in Chainlink, because I see that Chainlink have a strong possibility to make a re-valorization against Bitcoin in the future later that Bitcoin it's ending the bull rally, did you know, it's called the altcoins rally or common called alt-season.
For that I invite you to look this chart and my model of forecast.
For that, if you save your own 0.01 BTC and imagine that Chainlink goes a litle more at 0.00032 satothis, with 0.01 BTC you can to bought approximately 31 Chainlink coins, but that it's so good becuase if you hold Chainlink and apply this strategy and imagining that Chainlink make a cost of 0.01 BTC, so, this it's your own potential to earn 0.31 BTC. and that it's so good. For that reason, look, if you're interesting investing in Chainlink, you will need be smart what you bought, becuase each satoshi have over vaue than altcoin and for that, I'm pass with Bitcoin first to accumulae more satoshi to bough a good quantity of Chainlink maybe 150 Chainlink making trading consistent.
And also, there's another strategy with the ratio LINK/ETH that it's so good. but for that I'm so enfocous in this ratio LINK/BTC becuase each satothi and Bitcoins have over value than another ratio of altcoins.
If you like this idea to have any plan to accumulate satoshi and then accumulate altcoins portfolio to be ready to the next huge altseason, this it's your opporutnity to look and be visionary in Chainlink or my favorite cryptocurrencies or your cryptocurrencies.
