Mochamellow

Mochamellow

With fib retracement, the premium buy-in price is around 76.40%. Although it's in a key area, there's a high possibility of a liquidity grab—seeing retail traders expecting to long on a support zone at 1.27632. Be patient.

Mochamellow

Although it failed the first time, there's a high momentum on the 2nd handle that could potentially exhaust the sellers on that monthly resistance.

Mochamellow

With the price closing in to the highest supply zone from the previous months, there's bound to be a retest on the demand zone. Using fib retracement, the best buying zone AFTER the retest would be at 0.5-0.618, best if it's around 0.618. Good luck.

Mochamellow Updated 

Gold is currently on a downtrend with sharp buying pressure and now has returned to the trend line, I expect it'll have a quick buying pressure from the downfall.

Mochamellow

XRP's pattern is repeating again and looking to reach $5