Bitcoin is finding some acting support at the $31k level and I suspect it will soon break towards the downside. If $31k fails to hold it has downsloping support at $27k. Short term I am bearish. Remember folks, don't over complicate trading.
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Hello folks! XRP is in a clear channel and will drop to the down sloping support after being rejected at the upper resistance. We can expect a bounce and potentially a breakout from that channel while bitcoin consolidates
Hey everyone, if you been in the crypto space for awhile, you know bitcoin in a bull run always has 35-40% corrections historically before setting new highs. Short term i am bearish as btc has lost momentum and is currently overextended. a 38% correction from the top takes us to around 12k strong support in confluence with the .618 fib level which i think will...
The FIB levels coincide perfectly with some of XRP's horizontal support/resistance lines. We are currently near the 0.618 fib level which i think will hold. I am cautious because bitcoin looks like it hit its blow off top and will drag XRP down. If XRP cannot hold the 0.618 then i expect it to retrace to STRONG support at 26cents which is the ideal long entry/ buy...
Over the last weeks we have seen some downside but now on the 4h chart it seems it has reversed and is respecting an upwards channel. I expect XRP to touch both trendlines and bounce off of them with a breakout of the channel.
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Everyone and their mom is expecting the gap at 9.6k to fill soon. Bitcoin short term looks bullish with a rounded bottom and a close above 10.4k can confirm a retest of 11k. After meeting strong resistance around then with a relief rally we will come down to fill le gap.
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I see the pair retracing to 2200 sats because support at 2400 has been broken. Once it touches the bottom of our trendline i expect bulls to take control and send it. One XRP crosses 32c it has no clear resistance till 50c. If you like my idea please give me a follow, Thanks!
Hello Friends,
I have reason to believe bitcoin is not done falling yet. Currently we are at 10.4k and we have closed a daily candle above 10.5k which is potentially going to act as resistance for now. I believe we will retrace to our trendline support at 9700 which is also where our CME gap is and the gap tends to get filled 99% of the time. Going long at...
XRP has seen some serious downside in the recent days. But not to worry, it is still respecting its trendline and can be seen consolidating in a Bull flag. Once XRP breaks 32.5C market (Heavy Macro resistance) it has no major resistance until 49c. which is my take profit target two. I like to make simple, uncomplicated trades. We do not need to look at a million...
