Some might argue that TA on memes is an exercise in futility, but I personally disagree.
When taking a look at Butthole with Heikin-Ashi candles, it appears that we're clearly in an uptrend with beautiful higher lows.
There's excellent volume supporting the price action.
The price is moving above the VWAP (Volume Weighted Average Price).
I don't care who...
BTC is definitely looking bearish short term but how far it can dip, hard to say really right now. Although, considering where price has pulled back to test support twice at the first key Fibonacci level at %61.80, I would bet that it's going to continue on down to the next level and depending on the strength of that movement, then it will be easier to see where...
Quick Take!
XRP currently showing multiple bearish indicator divergences and failing to break key resistance at 2485. Looking at a price target of 2195 and 2049.
As always, keep those stops tight!
Quick Take!
Higher lows, bullish formation, strong interest, and strong buy signal alert... XRP may be primed for a breakout. Be looking for strong upward momentum through key local resistance.
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Double tops forming on the 15m so expecting a retrace and price targets at 2.48 and 2.41 initially. If the latter is broken, 2.34 or lower may be possible.
Quick Take!
Double tops forming on the 15m so expecting a retrace and price targets at 2.48 and 2.41 initially. If the latter is broken, 2.34 or lower may be possible.
Quick Take!
Considering XRP is breaking key resistance, maintaining upward movement, and that RSI is still in neutral territory; if it breaks 2.56 with some momentum, next long price targets are at 2.90 and 3.20 within the next few hours 👀
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BTC/USD 4hr
The sentiment still appears to be bullish and uptrend still holding so if the current and next candle close green, there's a strong probability to the upside but as price is still testing support I would still like to see more optimal RSI conditions before making the long call.
If the next candle closes bearish, looking to short at...
Quick Take!
ETH approaching possible reversal and hovering above support with bullish divergence although a bit overbought for my taste.
I think I'd hold out for a bit to see where this one really starts moving.
As always; minimum 3:1, trail, and keep stops tight!📈📉
bitcoin100k #XRP #BTC #Ripple #ETH
Quick Take:
Bullish, but expect the dip📈📉
Long: After pullback to 101,244 (tight stops below).
Short: Bounce off 101,244 or 98,398, targeting 95,000.
As always, trailing stops aiming for 3:1.
#Bitcoin #Crypto #Trading
