XRP / USD 1 DAY CHART Ripple# XRP / USD 1.06810-0.03505 (-3.18%) 17:25:44 - Real-time Data 1.06592 18:00 20:00 22:00 1.05000 1.06000 1.07000 1.08000 Technical Summary 5 Min: Strong Sell Hourly: Strong Sell Daily: Sell Monthly: Strong Buy What is your thoughts on XRP? XRP / USD made an intraday spike up perfectly into 61,8% Fibo. retracement, ideally for wave...
After a substantial rally from lows of around $0.50, XRP is showing signs of weakness having rejected resistance at $1.30 multiple times over the last couple of weeks. With that being said, XRP does not yet look primed for a Short. Support at $1.24 is relatively strong but if Bears can succeed with a close below this price, XRP will likely seek liquidity at...
As we can see now the price is Range for a while, not strong enough to break major resistance on 50k and not Bearish enough to break this local support on 37K zone. As we mentioned we need fall and correction here on bitcoin but now if this local support remains valid then more range is expected like a green arrow. DISCLAIMER: ((trade based on your own decision )) <>
possible Head and Shoulders short position risk reward ratio 10.70 not financial advice good luck and becareful
The run-up for BTC has been quite impressive un-doing a greater part of this bear cycle ( or retrace depending on your stance ) and during the past week, we have found ourselves within this big channel. The support is very strong and previous seen big rejections however in the previous few days the bounces have gotten weaker and have started to slip under the...
As we can see price is showing weakness near-daily resistance zone and we mentioned this in previous analysis too: Now we can see that we may have a Head and shoulders near this strong daily resistance zone(breaking neckline is needed). The target and support zone is near 34K-36K. DISCLAIMER: ((trade based on your own decision )) <>
Hmmm, now where have I seen this name before? Oh, that’s right! It was from our sector analysis earlier where we identified the relative weakness. With an ATR of 2.6, any hard pop back into the 200d should offer a nice opp for a fade. Would even consider leaving room to add at the quarterly pivot at 75.32. TV chart link:
Hello everyone, rouzwelt here Well finally bitcoin broke down the 30k level, I have been pretty vocal about it in my last several posts, explaining the reasons why a drop is extremely probable due to lack of demand and interest in crypto market as a whole, you can clearly see the massive hype around crypto has vanished and the weather is pretty cold right now. As...
Here is my analyze of BTC price action, from wyckoff to chart pattern and trend analyze. Hope it is helpfull Have Fun and trade safe.
Hello everyone, rouzwelt here Well I have demonstrated Wyckoff Backup Action Events in my last idea as you can see in the screenshot below (full article link at botttom of page), and as of right now we have seen clear rejection from our resistant line at 32300 (PS) , and price action is showing that it's weak and can dump more. and the projection I have shown in...
Looking to see dollar weakness caused by CPI news event at 8:30 am est on 6-10-21. Predicting this event will show continued dollar inflation. FED balance sheet has shown growth in the supply of USD over the past few weeks. This has caused raw materials, and retailers to raise prices across the board. This event has a history of causing a stop hunt.
The price structure looks weak and there is a probability that the stock can fall further towards 1730- 1710 levels. To continue weakness, should sustain below 1900 levels. Immediate resistance is around 1860 The trend change level is 1900. In conclusion, as long as it trading below 1900, any rally if comes in the stock, might be used to create fresh shorts in...
Hello traders, Today i am breaking down the EURUSD, we are at an important area and should be seeing a trend direction happen soon. I hope you enjoy the content, if so give us a like and follow. Please comment below the content you would like to see? Safe trading.
Head and Shoulders pattern forming with the Right shoulder yet to be formed 1DTF ..Set alerts at the levels you see for the short , Measuring the head give us the potential targets highlighted . Confluence in that region with the 200 EMA , 0.618 fib and aligns with Volume profile . Wait For the candle close just outside of the neckline and SL above the top of...
The squeeze between the two trendlines makes me anticipate some bullish pressure. Big Guns are taking profits or initiating a new trend? Based on past price, I'm expecting a retest of the highs. A break or rejection of that supply level will determine how I place my positions. break=buys rejection=sells
rejection appeared and now sellers have taken control. I am short until the support area