If $300 region is not broken and bounces from support I will enter for a long its clear that there is a gap to be filled like the one you see in the Daily time frame at the moment i will be waiting patiently for this trade to play out.
XRP broke 20 cents the charts are showing that we are likely to retest 20 cents again if broken support at that level then XRP can fall all the way to 18 cents possibly even further. Once that unfolds then XRP will rise with a big bounce. But stay tune for a chart update and breakdown of analysis. Make sure to follow me and support my trading view account.
This not Financial advice lol.
Unfortunately I don't know what to think about Crypto right now other than, what the data is telling me if Bitcoin breaks below more than likely we will see 6k region . Good strong support level you can see from the price rejection. But we will have to wait and see.
next stop for the GBPCHF is 1.30 the indicators are signaling a great long to the level within the coming weeks.
All indicators are giving me a green light for a perfect long entry to a conservative target of 142.500 yellow line is the take profit.
The 20 cent target is looking like a very possible scenario more than likely once we see this unfold XRP will spike up real hard back to the 27 to 30 cent region.
Just an Idea on how Bitcoin will play out once the Bulls are let loose
As we can see the greenback has had good data in the past but we haven't seen that breakthrough we are expecting. When will this happen we keep asking yourself but we must maintain our patience. From my mark ups you can see my technical analysis based on news and patterns. What I see is a bearish flag pattern forming and slowly developing and for sure 0.68 are...
After a few weeks of positive fundamental news for the US dollar it seems its not helping break above major resistance levels to go beyond the current price, will Non Farm Payroll news help the US dollar or will the Yen break the levels of support. Based on my thoughts and technical analysis its clear to me that the bears will dominate USD/JPY will come down to...
Another day in the in the battlefield the bulls and the bears go head to head. And we as the eyes wait to see the market formation looking for an entry to be in our favor patiently waiting for an opportunity to come. We look for patterns in the market to validate our analysis, what happens next in the coming weeks will determine the end results. As for I, I...