Todopoderoso

Todopoderoso

we can see clearly something is wrong here. theres no buying pressure to justify the huge rally. it will soon come to and end, nothing is holding the price at these levels

Todopoderoso

thank the fed ...even if the economy is in bad shape it only matter the earnings of 5 comanies. which make 20% of the s and p. if these companies are doing good the index does good.

Todopoderoso

high possibility that it can go to 0 again. with no where to store the oil and demand so low. no one wants oil. we can see the fib levels and below the 50 ma on the daily.

Todopoderoso Updated 

next Wednesday we have the gdp report. which should have a negative impact on the markets, but also the same day the fed meets on interest rates, there is a possibility that they cut interest rates to negative in an desperate measure to stimulate the economy and that would neutralized the GDP report. in a short term that should spike the stock market because ...

Todopoderoso

resistance now at 200ma and fib 61% should bitcoin conquer that level and go above next targets are outlined. or it could retrace a bit then a final push.

Todopoderoso Updated 

a possible mini bear flag on the 15m? invalidate if break avobe

Todopoderoso

it should get back to 7300 rsi is overbought and mac cross on the 1hr .. could possibly retest mid line at a second target ~7000.

Todopoderoso

we can see that that 272 support is being holding very strong and now the 3hr 50day ma adds to it making it worst. but hopefully it can break tomorrow if not then i expect it to bounce back to 288.

Todopoderoso

we can see here clearly we been in a down trend channel since mid 2018 and all attempts to break out have been rejected. we need to break out of that channel and start a new uptrend in order to go long on this coin. you can do day trades or swing trades in between but if you are a long term holder this idea might be helpfull. there is a chance we can even retest...

Todopoderoso Updated 

might be time to short it.

Todopoderoso

reaching overbought levels. but again congress is voting on another relief package for buissness later today. its a coinsidence every time a job report comes out. the congress aproves some kind of relief package.. anyways. on april 29 we have the gdp report. that will give a better outlook of the overall status of the economy.

Todopoderoso

we can see clearly that it got rejected from the 1d 50ma and also fell down the trend line again. right now the 50ma from the 2hr 3hr 4hr and 1d all will put downward pressure also the macd is losing momentum and the mf on the hourly is overbought. also the linear channel on the 1hr is on the top so i expect it to go down.

Todopoderoso

we can see it bounce off the major support and as of now we very close to the 50ma resistance on the 4hr and also the 50ma on the 1d its at 280 . if bulls qonquer that we go higher to 288 and beyond. anything below the major support is a win for bears.

Todopoderoso Updated 

major battle ground happening. this level was challenged multiple times either as support and resistance since 2018. we are also at the major multi year uptrend line. i am shorting this but theres also a slight chance of a small pullback to the 277 area due to the fact that bears might be exhasted from the last two days and are at oversold territory.

Todopoderoso Updated 

a quick retrace then out. mf overbought on the 1hr i expect then a fall further

Todopoderoso

we can see we are in between the 50 ma and the 200ma on the 4hr. death cross aproaching so xrp needs to get avobe the 50ma. we can see the macd on the 4hr showing bears losing momentum but we are still below the 0 line so it could go either way. on the 1d the mac is still above the 0 line which is a good thing as long as we dont go lower the 200ma on the 4hr.

Todopoderoso Updated 

we can see is at the bottom of the channel a possible retest to the highs stop loss if closes below 1665. re enter at next buy oportunity.

Todopoderoso Updated 

200ma on the 4hr support and at bottom of linear channel