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. 🤞
The test above the 11461.50 Fibonacci retracement has given way to consolidation.
Daily stochastics are negative and the proprietary Tension Indicator is close to generating a bearish signal, suggesting increased downside risks in the coming sessions.
A close below the 11200 pivot will add weight to sentiment and open up deeper reactions towards the 11003.37...
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...
Bitcoin has broken through $10.560 and found resistance at $10.800.
Now the $10.560 has been retested and the price of Bitcoin is in a Falling wedge, which is a bullish formation.
I expect the gains of Bitcoin to be extended today, reaching $10.800 area.
Bitcoin has broken through 20 and 50 EMA and retested 50 EMA ($10.560), as long as BTC is above...
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
I hope October is bearish for anything that isnt the $, I would really expect some surprises this month in terms of what markets can do.
If XRP can see $0.175 again before November I would be a happy chap, great buying opportunity at this price, this daily fib extension line up nicely with the support below.
Lets see what PA develops at the start of October 🤞