if we get back above the support marked out and break the pivot, i think that would confirm the low is in or higher probability low is in. We are getting close to the monthly open to, a move above would put us into the body phase of the monthly candle and i would then expand a fast expansion up and the wick of the monthly candle should be in.
aslong as we stay above previous week low...im expecting higher prices
Bitcoin has failed to gain momentum above 50% of the daily range i'm looking at. I think we have another low incoming and we bounce off previous accumulation area (blue box) that took it to ATH
This is my short term play on xrpusd. if im correct, then Jan lows should hold and im expecting new highs at $5 which would be the 200% fib extension from the current all time highs to January low. If we break January low then i expect price to drop to 1.24. Decent risk reward oppurtunity.
I believe we've made the monthly low as we've moved above the monthly open. Expecting the wick of the monthly candle to be in. We've keyed off a daily level so now expecting the expansion of the monthly body. Targetting previous ATH and then $5 short term
litecoin looks ready to rip, want the blue box to hold and act as the pivot for long to new highs
xrpbtc is into support, im looking at this for further confluence to support long xrpusd idea
Ripple is into key support after taking out stops. I think we may have a bottom in and we rip up
We are above the quarterly open and have formed a swing low, next upside objective 114.50
oil is now above the monthly/quarterly open and looks ready to resume with further upside. 53.70 and 55.20 next upside objectives
Aggressive entry would be long and a break of bottom blue box (support) would invalidate idea. Conservative entry would be a break of upper blue box and a retest to get onboard
i would wait for a break through blue box then get long on a retest
Expecting NZDUSD to push upto to 7600...turning off key support