Xrp has been crippled by the alt coin bear market but is now showing promising signs of a reversal. Reasons for reversal: -weekly bullish divergence on the macd -falling wedge breakout with a target of 45c -hitting the measured move will break 32c and make a higher high -old investors who were shaken out will fomo back in This position is not recommended to be...
While the macro has been bringing bearish news, you can’t cover your ears when the TA gods reach out. Reasons for reversal: - price near .886 pcz of huge weekly harmonic - weekly bullish divergence on both indicators - daily and 4h divergence on macd - daily gap to fill at $13 - Trump to further deregulate US menufacturing This should be a position trade held...
if you are familiar with Wyckoff distribution, you will see here that BTC is following the phases perfectly. We are very likely to see more downside action before any upside. This not financial advice, please do your own research before opening a position. Hey everyone, if you enjoyed the idea please give me a like and a follow, many more ideas to come :) Thanks...
reasons: - BTC broke out of the consolidation channel indicating potential bullish trend - BTC broke out of the falling wedge with a target of around $13,400 - 200 days of consolidation. Noting that the longer the consolidation period, the stronger and steadier the trend that follows. - Back testing of the channel and wedge as support - Back testing $9160 as...