$xrp in the usd chart price is consolidating under the strong resistance at 0.50$, another attempt to break upwards would probably be successful. But the attempt can't way too long or the bias would turn bearish, if bulls lose channel and 0.37 support we would see new lows
Got some $hot at 14 sat, it touched the demand area that originated the pump, this should be a good area for a reversal Stop under the demand area or manual close if buyers don't show up soon Targets at FTA at 24sat (+70%) and ATH at 41 (+190%)
I'm sitting comfortably on my $btc position watching alts bleed In the meanwhile, I plan some setups The best thing would be a capitulation with a -20/30% quickly rebought and the reclaim of a strong level like the one on the $trx chart. That would be an infinite RRR setup
I bought some $zil for a level to level trade Demand is a little stronger than supply on HTF ( low angle upwards channel) We are close to demand area where there's been nice buying before and we can spot some hidden buying ( see chart) Target supply area at +25%
We are in a trading range characterized by strong buying and slow corrections, we are at the base, best RR ratio, some buying is showing with the rejection on the chart Targets at supply areas
As I said in the last tweet I bought some $xrp at 4660sat HTF- Last demand area before a lot of nothing, bulls won't break too easily LTF - Base of trading range reclaimed after small deviation, bullish Targets 1° FTA top of the trading range +16% 5R 2° HTF supply area +110% 35R HTF chart
$Eth price touched twice a strong supply area, where we have evidence of heavy selling. After every touch upwards moves are getting weaker and weaker. Target at weekly demand area
I'm sorry for all of my bearishness on alts, but I'm shorting also $eth vs $btc Strong support broken (also control point of trading range) I can see a touch of demand zone very likely. Honestly I can see the 0.027 level fail too, but for now I'm keeping my trade level to level
Huge rejection with high volume from supply zone, the second bull attempt wasn't as strong as the first one and could not even scratch the supply at 0.016-0.018 I can see price go down pretty fast from here to 0.01btc for a -30% unleveraged profit
I bought a spot position of ltc vs btc There has been clear evidence of high demand: high volume wide bars for bulls, narrow and low volume bars for bears. 0.0127 support reclaimed with conviction and well sustained at the retest Target around .180, stop under support
Range reclaimed after a deviation The base of the channel should also provide support
Xvg got back in this old trading range after a weak reaction. This looks pretty bad, 118 sat is very likely to be reached soon, I would not be surprised if it will get to 50 sat area at the bottom of trading range
Ada previous range resistance should provide decent support, plus we are at .618 retracement I think a long here with about 3 RRR should be profitable ( target around 1600 that held as support for 2 weeks)
Price is consolidating at weekly support, I'm looking for a possible entry in the D chart I'll take the trade only after a spring that takes some liquidity under support (505sat) or if it will consolidate over 525 sat
Interesting setup for $xrp, I opened a position targeting the resistance of the range that formed between 7000 and 10000 sat, we are at the very bottom so RRR is huge, plus Xrp usually pumps like crazy, it may hit the target in one single day candle
Btc pump made alts dump (vs btc) giving us some great entries. This is zil, it formed a big trading range (450-650) and we are at the bottom now, the trend is bullish, we are making higher lows, I like the setup. I will take some profit at tp1 and tp2, most on tp3 (+43%)
I bought some kmd on #binance Broke out of bottom range with great volume and consolidated above, is making higher highs, bulls look strong Targets on the chart. It can also moon but I rather trade my setup and settle for a +27% target