Hoping to see XRP back below $0.20 by the start of November, an across the board market crash would make sense right before an election this big.
Another retest of the bottom of Januarys range, a dip below is a great buying opportunity before the great reset.
A short term trendline has been broken and now into the range shown, lets see what the end of October brings. 🤞
BTCUSDT tested the ascending channel resistance as expected from my previous analysis. The market is printing the head and shoulders reversal pattern. Breakdown below the neckline support could be a bearish signal ⬇️. RSI is also printing a bearish divergence signal 🔽.
XRPUSDT is testing the flip support + 0.618 fibonacci retracement level + uptrend support. The market is printing an ascending triangle chart pattern. Breakout above the chart pattern resistance could be a bullish signal ⬆️. Breakout above RSI pattern resistance could be a bullish confirmation 🔼.
Zooming out even further on the weekly copying the open / close of the candles from december 2017 - january 2018 would align with our blue buy zone perfectly for one final 'shake out'.
The -27% fibonacci used previously sits around $0.05 which would be painful but with this pretty much exact copy of price action.
The timing on the last chart / the amount of...
litecoin is oversold on dailytime frame, so find a good entry on lower timeframe and aim 50 percent retracement, maybe higher if dollar continues to weaken, but for an easy trade thats a good target, stop loss 39.5 so trade is about 2:1 risk reward ratio
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LTCUSDT brokedown below the double top reversal pattern as expected from my previous analysis. The market retraced and is currently testing 0.618 fibonacci retracement level. Potential SELL re-entry at breakdown of pullback trendline support ⬇️. RSI trendline breakdown could be a bearish confirmation 🔽.
DOTUSDT brokeout above the downtrend resistance. The market is currently printing the inversed head and shoulders reversal pattern. Breakout above the neckline resistance could be a bullish signal ⬆️. RSI confirmation 🔼.