Dixon_Butts

Dixon_Butts

Bitcoin is finding some acting support at the $31k level and I suspect it will soon break towards the downside. If $31k fails to hold it has downsloping support at $27k. Short term I am bearish. Remember folks, don't over complicate trading. Thanks and if you like the idea please give a follow!

Dixon_Butts

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Dixon_Butts

Hello folks! XRP is in a clear channel and will drop to the down sloping support after being rejected at the upper resistance. We can expect a bounce and potentially a breakout from that channel while bitcoin consolidates

Dixon_Butts

Hey everyone, if you been in the crypto space for awhile, you know bitcoin in a bull run always has 35-40% corrections historically before setting new highs. Short term i am bearish as btc has lost momentum and is currently overextended. a 38% correction from the top takes us to around 12k strong support in confluence with the .618 fib level which i think will...

Dixon_Butts

The FIB levels coincide perfectly with some of XRP's horizontal support/resistance lines. We are currently near the 0.618 fib level which i think will hold. I am cautious because bitcoin looks like it hit its blow off top and will drag XRP down. If XRP cannot hold the 0.618 then i expect it to retrace to STRONG support at 26cents which is the ideal long entry/ buy...

Dixon_Butts

Over the last weeks we have seen some downside but now on the 4h chart it seems it has reversed and is respecting an upwards channel. I expect XRP to touch both trendlines and bounce off of them with a breakout of the channel. If you like this idea please give me a follow.

Dixon_Butts

Everyone and their mom is expecting the gap at 9.6k to fill soon. Bitcoin short term looks bullish with a rounded bottom and a close above 10.4k can confirm a retest of 11k. After meeting strong resistance around then with a relief rally we will come down to fill le gap. If you agree with the idea please give me a follow :)

Dixon_Butts

I see the pair retracing to 2200 sats because support at 2400 has been broken. Once it touches the bottom of our trendline i expect bulls to take control and send it. One XRP crosses 32c it has no clear resistance till 50c. If you like my idea please give me a follow, Thanks!

Dixon_Butts

Hello Friends, I have reason to believe bitcoin is not done falling yet. Currently we are at 10.4k and we have closed a daily candle above 10.5k which is potentially going to act as resistance for now. I believe we will retrace to our trendline support at 9700 which is also where our CME gap is and the gap tends to get filled 99% of the time. Going long at...

Dixon_Butts

XRP has seen some serious downside in the recent days. But not to worry, it is still respecting its trendline and can be seen consolidating in a Bull flag. Once XRP breaks 32.5C market (Heavy Macro resistance) it has no major resistance until 49c. which is my take profit target two. I like to make simple, uncomplicated trades. We do not need to look at a million...

Dixon_Butts

I expect XRP to retrace to ~25c at the bottom of its trendline and to retest 32.6c in the next coming weeks.