tianny1411

tianny1411

Starting from the daily TF we can see that price rejected strongly from an area of supply around 85.000 meaning that we could expect for price to keep falling,I've also drawn a trendline below forming an Ascending Triangle. Going on to the 4hr TF if we take a look at the latest market structure we can see an MSS formation, market structure shift meaning that price...

tianny1411

hopefully it's clear in the picture.

tianny1411

as for the weekly TF we can see that price rejected strongly from a resistance zone around 1.23000 and since then we can see a market structure shift happening where price started making lower highs and lows. I've drawn an upper trendline connecting the lower highs in the daily where we have 3 touches. In the 4hr i've also drawn a trendline where we can clearly...

tianny1411

started from the weekly where we made a huge double top where price reached a supply zone around 142.000. I've drawn trendlines in the daily that have been broken as well. In the 4hr TF we can see that price has rejected a resistance zone multiple times, we can also see the second trendline being broken with a strong bearish impulse meaning that we could wait for...

tianny1411

In the long term the GJ looks Bullish but as for now price could fall on the demand zone at around 149.000 and then bounce back up.

tianny1411

In the daily TF we can see a market structure shift to the downside, I've drawn a trendline that is now acting as resistance with 2 touches. In the 4hr TF we can see a clear head and shoulders pattern indicating a reversal, we can also take a look at recent market structure where we have a LH, LL,LH and now we can wait for price to potentially break the previous...

tianny1411

solid market structure

tianny1411 Updated 

Price has broken 4hr trendline with an impulsive move carrying allot of momentum, made a correction and is making impulse at the moment. I could've had a nice entry after the three candles of correction but missed this move, so another option is to wait for price to break the zone that is acting as resistance and enter in the 1hr TF after a pullback with a...

tianny1411

do u agree with this?

tianny1411

what do you think?

tianny1411

price has been rejecting the blue zone that is acting as resistance, it rejected 4 times and now price has broken out of it with a nice bullish candle with allot of momentum, in my case I would wait for price to make a little correction/pullback and then enter with a buy to catch the next impulsive move.

tianny1411

we've been trending down making impulsive and corrective moves in the 4hr timeframes forming what looks like a flag on the daily, we just broke out of the upper trendline with an impulsive move to the upside, for now we can wait for price to make a little correction and then catching the next impulse with a Buy.

tianny1411

XRP has been bullish for some time, when a market is trending we can spot impulsive moves and corrective moves. On the Higher timeframes we can see a potential correction move, price is just taking a breath before possibly making another impulse. what are your thoughts on xrp?

07:37

tianny1411

let me know if you liked this walkthrough analysis video and if you have any questions and suggestions, I would love to interact!

08:48

tianny1411

hope you like it and get value out of it!

tianny1411

we could wait for possible breakout of the major trendline followed by a retest and candlestick confirmation in the 1hr for entries

tianny1411

we could wait for a breakout and possible retest in the 1hr for entries

tianny1411

broke minor trendline , made strong impulse wit bullish momentum and now we have a small correction, we could potentially look for another impulse.also price has been rejecting that zone that is acting as support. share your thoughts with me!