I'm keeping it simple, ADX is going through a correction but in the short term its oversold. Currently resting at the .5 FIB around 24.2k SATS and next big support is the important .618 FIB at the 22k level. Ill probably rebuy some around then if it touches, or if it break out of this downward channel were currently in
Theres no way around it other then thats a big red candle. Although btc/xbt has been in a nice uptrend, if it breaks that rising wedge its going to be bad. I dont want to speculate on price too much since in crypto anything can happen but there is going to be a psychological level at 4000 to break, a fib resistance for both the short term and long term trend at...
RISE isnt a coin I got in unfortunately at the 4k mark when I heard about it but one i definitely will add as medium-long term hold when the price is right. Its currently in a downtrend since hitting a top around 16k in its current trend and is down to almost half that. It doesnt show any short term bullish signs of breaking that downtrend but does have strong...
XRP has been doing a nice walk up so far but is again testing the .768 FIB to break through resitance. STOCH is showing overbought but there has been a good amount of volume in the last week proving people are definitely stocking up. You have to wait and see where the next few candles/pricing gets us. Im thinking it dips one more time to below 4600 which would be...
I see ADX hitting the FIB line one more time around the 26.5k mark and then going on a nice run to complete the 5th elliott wave. Good buy point would be between 27k-26k, stop loss can be set at 25.5k since thats been a big support on its run so far.
