luna(2) needs to close the monthly above the $6 area. if luna is truly back and the people believe it then 1000% should be easily obtainable as money flows back into the project (trust?). the question is what happens after the 1000%, $800 would be on cards from fibonacci workings but too early to tell.
bitcoin has now completed the expanding flat bitcoin is now looking to close back in the range for the monthly chart the monthly 50ma and diagonal trend have converged support here. big bear trap where everyone sold off and capitulated positions.
everyone dreaming that the project will make an instant come back. id imagine after such a dump that a bottom will form (and be retested). ideally we want to see something like this and $0.6 restest where the vpvr sits will be a safe entry (15000% to ATH) sure the possible gains buying here are higher but also the risk is super high as it could just keep dropping.
shib channel has become apparent. the price has touched my fatty buy zone shib is now the 3rd most followed coin on social media the next cycle could see rewards up to 4000-5000% depending on fib zone and channel resistance
yfi looking terrible at 90% down, buying here could pose a risky but low entry at what was a 90k coin. if the vpvr poc can be reclaimed at the diagonal resistance then a breakout could be violent and very rewarding if yfi pushes a 3rd wave similar to bitcoin 2021, right up to the 4.18 fibo
fear at all time high price at range low 50ema sitting just below 7 year trend line that started in 2015 adding here with the way things are increases ball size x50
rsi above 50 3d 200ma caught price log lines respected ready for green candles
man this looks bottomed out, 3 long term targets highlighted if we can push back to the $5 region
we have only ever seen a few long signals on xrp that have delivered big gains - buy today and hold for 1200% (12x) return
3day 200ma long term diag mid term diag price reacting - hold here and we good??
$acb bottom in? long term trendline with plenty of upside potential. tons of gaps above with a couple of tricky monthly resistance blocks. 1R:13R (daily gaps highlighted as grey dotted lines)
xrp has been consolidating in the symmetrical triangle throughout the whole bullrun, held back by the sec news. with the recent crypto drop xrp deviated from the shape and has now recovered inside. most of the traded volume throughout 2021 has been below $1.10 for me id like to see xrp hold the current area (all beit a small dip below would be fine, and show...
as the last one didnt materialise on the lower time frame, the higher 12h (tbts favourite) timeframe is showing upside potential when trading the convergence.
we will look for a reaction at the 0.5 fib, diagonal and weekly OB.
quick bit of TA on bitcoin, looking for price to find a local low around 53800 before pushing back up to test the weekly resistance
people eyeing up the cme gap as the obvious sunday trade, maybe we dont visit it until we make a new convincing ATH. you know the drill; cloud convergence = fireworks!
quick trade from 63k to 66k regions bouncing our support zone and diagonal trendline