SKL/BTC is printing a huge weekly falling wedge and I expecting a breakout to the upside very soon. Targets around 2$ are very possible for this scenario.
I think there are 2 possible scenarios with XRP in the moment. 1. Scenario: We could do a healthy and steady pullback to the bottom trendline and the 61.8% Fib retracement at around 0.193$. After that we could consider that the next bullrun is around the corner. 2. Scenario: Maybe we could do a pullback from now, to retest the 78%-88% Fib retracement + 786 EMA +...
All things are in the chart. :)
As long, as we don't fall below the trendline, my bias on EU is bullish. Otherwise we could see downside movement until 1.14518.
Im NOT a bear, but this could be a very likely scenario before we enter straight into the REAL BULL.
All things as always in the chart. :)
Like the title says: BTC has to get THROUGH the Downtrend Zone. Only with a candle body close above, we can talk about a new bullrun season.
Im expecting a further downside push on UC, to close the big FXCM Gap at around 1.35. Many confluences like resistance zones and trendlines above. So, I am short until 1.36066 for safe TP. :)
I expect another leg down to around 1.07550 before we move upwards.
BTC pumped from April to June for 13 weeks to almost it's ATH back to exactly the 0.61 Fib retracement. I will attach the picture from BTC here below. :) Will XRP and all the ALTS do the same? If they would need also 13 weeks for that pump we could end directly in front of the BTC Halving. xDD It would fit all so well. xD
Just wait a bit more and aim with your sniper gun. This could be a great setup, but first of all lets so how we will consolidate on the 1.10000 area.
Here we have a great opportunity for a big swing trade. Hold this for a few weeks. :)
All informations in the chart. You just HAVE to go long on this pair. :)
Here we have an excellent short opportunity on our hands. :)
I am expecting a pullback on GJ before we could see more upside strength.