Just an idea, I noticed Bitcoin played out a fractal similar to the previous bull run top. If Bitcoin plays out this fractal then a straight shot to $90k could very well be in the cards. Obviously on the higher time frame it will be a little slower action that on the daily we just had but none the less it would go up pretty fast. I believe the current rally we...
FLARE will have an explosive bullrun but before that it needs to flush out every week hand and find the true bottom. Whales gonna try hard to surpress this coin as much as they can before the first big wave can finally start.
We're currently seeing an overextended Wave V, which is trapping early sellers & later buyers. What convinces me that we're at the top, or getting close to it is the choppy price action & consolidation phase we're currently witnessing. Is BTC ready to drop now, or will we see 1 last push up to liquidate all new buy & sell positions? Looking at 2 possible...
According to Matthew Dixon (@mdtrade), the CEO of Evai, an AI crypto rating platform, XRP could be in for some turbulent times. Dixon is an investment trader and financial expert, and his analysis suggests that XRP’s future could be a mix of highs and lows closely tied to the performance of Bitcoin. Dixon presented his prediction using a daily XRP chart,...
— BSO @ 0.7025 ⏳ — BLO @ 0.4900 ⏳ — SUPPORT @ 0.4115 ⚠️ TREND — Momentum: Big Picture Uptrend — Price Action: Downtrend Retracement — CounterTrend: NO (moderate risk trade)
Bullish trend still in play, passed the first trend ray,weekly bullish candles, possible chance to test the next trend ray line. I have resistance around 0.78 before hitting the 0.9 range. If it retests and stays bullish possible play at 1.38 where previous head and shoulders on a weekly time frame played out
As XRP continues to appreciate in price it's momentum will also continue to expand. It takes momentum to climb a hill.
Chart Pattern: Descending Triangle The descending triangle is constructed with a flat support line and a downward-sloping resistance line and It usually gives us a STRONG BEARISH SIGNAL...!!! e can see the beautiful descending triangle on the Daily chart time frame. The descending triangle is constructed with a flat support line and a downward-sloping...
Not a bad looking chart and considering its still making LL, we just need to bulls to step in and take control of these bears. AVAX ticks a lot off my check list when it comes to location, indicator confirmation but still lacking price structure. Another thing to add is that I like to look at charts that have a decent risk reward which AVAX seems to have. As...
Long as long as you can It's happening 🫡 Thanks for your support
The long position in XRP is merely incidental. The emphasis is on using clean line work to discover areas where price is more likely to reverse. In this example, which includes a bearish harmonic pattern , decreasing volatility is visible to the naked eye, even without the compression of the MA ribbon or the decreasing ATR. Some unusual arrangement of pitchforks...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.4673). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.4673). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
⚠️ #CRYPTO #XRP I decided to get rid of Ripple on the spot for the time being. Just a breakeven price. Reason: double top from EMA + angle return. And this, in turn, creates an excellent opportunity for shorting the current ones with the target of 0.30574
Looks similar to previous range. Interesting timing for the SEC lawsuit to be coming to an end. History repeating?
We are about to see extremely bullish candle. Short is not an option at all. Good luck guys.
PLEASE FOLLOW, AND LIKE IF YOU APPRECIATE THIS CONTENT. COMMENT BELOW AND LET ME KNOW WHAT YOU THINK, I APPRECIATE ALL PERSPECTIVES / COMMENTS AND REPLY TO ALL. THANK YOU DIGIBYTE has been in the massive macro bull flag style correction over the past couple of years. It reached its end I believe with its sixth touch and a breakout of the flag is imminent. A...
FOLLOW, LIKE, AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU. LUNA CLASSIC Has had some new developments come into it over the past couple of days. Starship the largest Metaverse by size will be incorporating LUNA Classic into their project. LUNA will be used for payments in the Starship Metaverse, and from each payment 1.2% of the Luna will be burned. ...