Have a look at the chart. I'm bullish long term but first we need the second retest. Let's go BTC
XRP has been in a down trend since the 4th of January. Can Ripple recover and continue it’s meteoric rise or will it collapse and leave nothing but a pile of destruction in it’s wake? Only time will tell. Let’s look at what is going on right now at this moment. On the 4 hr, price is at a double bottom and trend line. We are at the 50% mark in the channel which is...
I missed this long trade, but the green circle with arrow would have been a nice entry point. We had some bearish divergence and declining volume, so an ideal exit would have been the center line in my opinion if I was taking a short term trade. Using the 618 fib as a stop and the channel centerline as a TP would have given a 3.35 Risk/Reward trade. I would take...
ARNBTC is in a very tight balancing range for the past few days with sideways movement. Price is dancing on the 100 day EMA line. We have a VPOC not too far away which has been acting as resistance. Very little volume indicates the weakness in this pair right now. We can have a break out but we need to have confirmation and volume pick up. Keep a keen eye on it...
Let’s keep this simple. Price overbought on the WT Cross, Volume on a decline and currently very weak. Price is hitting a long term 618 fib resistance zone, and top of major trend line. There should be really strong resistance here guys. We can see this thing spilling over real soon or breaking out to the upside. Always keep your mind open to all the possibilities...