Provided there are good numbers tomorrow with cpi, this should be an easy long to $135 and eventually $140. Clear long term support at the $120-$125 level with a crispy reversal formation. Move down was over extended on FTC lawsuit news.
Wait for bullish structure and candle close above zone to fill gap/ clean move it made looking left.
Pull back to the golden area :) Wait for bullish confirmation/candle confirmations at these levels for entry.
Break and trade above 2860 would signal a long as this would validate a trend break and a HL creating a HH. Look to enter on wick down/retest of first resistance. Happy Trading :)
Once again we have another head and shoulders/trend break/whatever you want to call it.. Coming into weekly support zone and psychological number "60" cents which has been proven to hold, and reject. Obviously XRP wont move without BTC and BTC is at critical support levels that will most likely bounce before vicious breakdown. R:R is perfect for this trade IMO...
ETH over extended on daily & HTF resistance. This pump is likely a liquidity grab for weekly close.
If buyers step in at these levels it would be a clear indication of a trend break and price would start to be pushed towards recents highs around 44k and possibly make a new HH around 45.5k confirming this as a HL / trend break. If this current 4H candle closes bullish, a long opportunity would be present itself with a stop loss below the lows of its wick.