My conservative prediction on XRP price is $7 for the next bullrun as depected in the chart above. A super-bulish outlook, would take XRP to around $19- $21. I am using Fib analysis on weekly timeframe and tuning my Fib with Ichimuku baseline.
In my idea ADA is making an inverse head and shoulder pattern. Once the neckline breaks, the next stop could not 0.62 - 0.65 cents with some take profit steps on the way.
One possible scenario that I think can occur is that, ADAUSDT moves to the mid-line of the channel from here by Monday 14th Feb. Then, it may fall back to the lower edge of the channel around 0.375 USDT to price in the CPI data. Once CPI is released (that I believe it could be lower than or equal to what exepcted), the whole market and ADA will pump to the upper...
It seems that ADA is making an inverse H-n-S pattern. If it comes true, then ADA's price can increase to around $0.43.
Possible sell position on ADA/USDT. Entry: 0.3546 TP: -0.13 FIB or -0.27 FIB or $0.34 SL: 0.27 FIB (or $0.3587)
In my opinion ADA can create a head and shoulder in the coming days/weeks, and then its fly.
ETH is showing negative divergence in daily timeftame. Is it time for a drop? Another chance to BUY THE DEEP?
Positive RSI divergence in ADA/USDT. But not sure when it is going to STOP going lower. :((
I think this pattern indicates a short-term market relief rally. This chart is in 4 hour timeframe,
ETHUSD has formed a cup-n-handle pattern in 4 hour chart. The last 4h candle has just been closed above baseline line of ichimoku.