Looks like we've managed to pullback towards consolidation channel. From which we can identify previous levels of retesting towards the first (R1) resistance level at 0.35 to perhaps further strive into R2 at 0.38.
Still long on XRP/USD. Same set-up, but zoomed out to get more perspective & bias towards confirmation.
Yesterdays setup really seems to be validated by the recent pullback. After forming bottoms and tops, its seems more than logic to slightly adapt those buy - stop loss and profit levels towards more precision given by the market. Placed a buy entry on given entry level and stop loss has been put towards the indicated level. Seems like a good risk/reward. I'll be...
Eyeballing a pullback on the current bullish momentum before retesting 0.32 zone. Let's see..
Currently looking at the BTC/USD chart and eye-balling a break-through of the 10.400 level. We are fainting a weak test of this level before breaking. Hoping and awaiting this scenario to play out before the end of the week. Nevertheless, we will retest the levels (probably) of 9900 - 9800 before going long via some wick fishing into these levels. Should we break...
Based on longterm findings, we would define this setup as a good way to clearly view at buy & sell zones for margin trading or LT investments for XRPUSD. Feedback always appreciated as we are trying to finetune & consolidate all trading theory out there and funnel towards a consolidated view on this market. Follow us on instagram for more updates.