USD-BTC
XRPUSD - Is XRP going to fall after this consolidation?Trendline is holding XRPUSD for so long on the top of the support side, but question is how long will it hold?
Forever? I don't think so.
XRPUSD is very calming and consolidating for pretty long time. Maybe it could be taken as a calm before a storm.
Longterm I'm big fan(and investor/HODLER) of XRP, but from a trader's point of view, i think we might go even lower this year.
As soon as it breaks trendline, and retest, we could go to 0.28600 easily (First TP).
Be Patient guys and lets wait for some confirmation before entering short, i will update as soon as its gonna move.
Let's give me your feedback guys, what you think of XRP right now?
ETHUSD [Daily] Looks like more pain to come....Some time ago we have been thinking worst is over but... looks like the bulls nightmare just coming back….The full faith for delayed fork….otherwise lower low here we come….
XRPUSD approaching support, potential bounce!XRPUSD is approaching its support at 0.3195 (61.8% fibonacci extension , 78.6% fibonacci retracement , horizontal overlap support) where a potential bounce might occur pushing price up to our major resistance at 0.3905 (horizontal swing high resistance, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is approaching its support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD bounced off support, potential for a further rise!XRPUSD bounced off its support at 0.3195 (61.8% fibonacci extension, 78.6% fibonacci retracement, horizontal overlap support) where a potential further rise might occur pushing price up to our major resistance at 0.3905 (horizontal swing high resistance, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is bounced off its support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 115.87 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a potential bounce might occur pushing price up to our major resistance at 141.54 (50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching support where we might see a potential bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD reversed off resistance, potential for further drop!ETHUSD reversed off our first resistance at 166.02 (61.8% Fibonacci extension, 50% Fibonacci retracement , Horizontal overlap resistance) where a further drop might occur pushing price down to our major support at 142.85 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal pullback support).
Stochastic (89, 5, 3) reversed off resistance at 92%, where we might see a further drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD approaching support at 0.3424 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 0.4115 (horizontal swing high resistance, 61.8% fibonacci retracement ).
Stochastic (89, 5, 3) is approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential reversal!LTCUSD is approaching our first resistance at 40.53 (100% Fibonacci extension, 38.2% Fibonacci retracement, Horizontal overlap support) where a strong reversal might occur pushing price down to our major support at 36.31 (horizontal pullback support, 61.8% fibonacci extension , 23.6% fibonacci retracement ).
Stochastic (89, 5, 3) is also testing our resistance where we might see a corresponding reversal in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
BTCUSD - Drop to 3650 Incoming - H&SHey guys,
As we can see, volume is clearly decreasing. I've checked out any instances when deceasing volume lead to a price increase in BTC, and I could barely find any. Therefore, the chance of BTC going up in this low-volume situation, is very rare. Also, a mini-head and shoulders is forming.
However! This could end up forming a larger greater inverse head and shoulder (highlighted with blue). Sentiments are high, and the noob traders are saying, "oohh! BTC is going straight to 5000!" It will end up going to 5000, but gradually, not this week.
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Be sure to check out my other ideas,
and remember,
Patience is paramount!
Good luck!
ETH low risk long tradeWelcome to the lab!
Over the past few days BINANCE:ETHUSDT has been consolidating over a very important support level, which is 127$ and showed a bullish movement. However BINANCE:ETHUSDT is forming a bearish inside bar which means we are pulling back to test that support again.
Also ETH is now pretty warmed up fundamentally due to hard forks which are happening 11 and 16 of January.
After ETH tests the support it will head towards 168$ which is our first take. 168 level has always historically been a very strong support, capable of a local trend reverse. So it will be a major test for bulls.
If we manage to break through 168 the next take will be 190$ which was acting as our support before the dump.
To sum up it is a low risk trade with a clear spot for a stop loss.
Entry : 130$-127$
STOP: 120$, however if you are worried that you will get stopped out and willing to take extra risk put it to 110$ bellow 2 bar false breakout.
1 take: 168$
2 take: 190$
He was the one to transform metal to gold, water to vine and charts to cash. D. Chemist
LTCUSD approaching support, potential bounce!LTCUSD is approaching our first support at 29.53 (horizontal overlap support, 50% Fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 34.58 (horizontal swing high resistance, 100% fibonacci extension , 76.4% fibonacci retracement ).
RSI (34) is also approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD bounced off support, potential for a further rise!XRPUSD bounced off support at 0.3424 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 0.4115 (horizontal swing high resistance, 61.8% fibonacci retracement ).
Stochastic (34, 5, 3) bounced off our support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD bounced off support, potential for a further rise!ETHUSD bounced off support at 117.2 (horizontal swing low support, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 161.8 (horizontal swing high resistance, 61.8% fibonacci extension , 50% fibonacci retracement ).
RSI (55) bounced off our support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Bitcoin still super bearish People are over hyping this so called IHVS, which is not even valid yet by any means , im awaiting bitcoin to form a lower low as we are in a bear market and this is the general trend, we are already down 700 from high of 4200
nice rejection off MA
