CBA to make the chart look nice and pretty, underwater right now on a few alts. I expect btc to retrace to the 618 fib which is also a heavy traded zone in the range. would say 18200 is a good bet. haven't changed my long term bias on market direction yet, I dont think the bottom is in, but i do believe its not a straight line either way, money to be made on these...
XRP price action imo is one of the cleanest to trade, red line break will trigger a short (stop $0.425 tp1 $0.33) - (in my opinion the more likely of the two scenarios unless some SEC case stuff comes out). Break of the blue line triggers long scenario up to the $0.49 region (stop $0.38).
Haven't been publishing for a while, still trading, still winning!. I have other confluences/reasons for this trade as well us fundamental analysis of current market (along with $BTC gaining strength again). Clean break of $2880 and possibly retest should lead to a slingshot for $ETH. Follow me on twitter @iqof175
$50k will be broken soon and I expect a strong bullish move to the $53k region. Timeframe should be today.
Super interesting similarities on the charts here (sorry for the rough drawings). 35% drop from the highpoint correlates with $27K BTC which is what ive had marked on my other charts as a bottom. Time will tell. I guess the one thing we can look forward to is that massive run coming!
$BSV sitting at the bottom of another cycle with 450% average upside, if alts start rocketing this is a good RR trade to be involved in.
Minimum 10X gains on the LRC/BTC chart, buys at 260 sats for a nice run up if altszn fires off. LRC available on Binance.
Weekly rejection of 73% may be the start of people flipping into alts. LFG
Some key zones are looking to be retested here, in particular $14k and $9.9k. This could all happen in one swift movement before 🚀. I am not bearish, and don't think a grind down would take this long bit its just a thought after the ATH rejection and tweezer tops...
Believe we will have a quick burst upward to 15k from here.
Sorry for the messy chart and not posting lately, been trading a lot and winning a lot. This BTC trade should be reached within the next few days. I also think this is the first leg of the bull market.
Last few $BTC moves have been caught good, including the pump to 9400 when most were bearish, price action as since come back to the bottom of the channel which has held. I believe we will see $11500 quite quickly following a daily close within the channel.
Expecting Ethereum to test this weekly resistance in the green, a breach of this with volume several times in the past has lead to a sharp rise to $300 and above where we will adjust our stops. This should be a good one if BTC behaves.
I believe BTC will continue this run up to the 10500 area, as with my XRP chart I would normally expect the current price action to break to the downside but given the halving hype I strongly believe it will go up. Notice similarity in the breakout ranges.
Expecting XRP to follow XLM and march upwards. Depending on how you look at this wedge formulating, price would USUALLY break to the downside (unless we're printing a sym triangle), however I think given the "pre halving pump" still hasn't manifested for BTC, we may be looking for an entire market rise pre halving before a dump and then gradual rise up to new...
Expecting this to be a dead cat bounce, think we have way more downside in store.
We have a bearish divergence on the XRP 1H & BTC charts, price has already started to fall, expecting a quick move down once BTC falls. XRP should test 0.1475 after that trendline is broken then continue downwards.
S&P will be heading to 2730 zone at the very least, where prior wicks have spiked to in 2019. On the whole I expect this to go MUCH lower; SUB 2000.