Since March 2020 and its annual low of $90, Ethereum has continued to rise. It is difficult to timer its entries when a market is constantly rising.
Don't get carried away by the upcoming FOMOs.
Our first potential buying area is at the last demand area, between $483.15 and $456. If this one were to be broken, we would go for the monthly demand area at $398....
In recent weeks we have seen the XRP literally pulverizing its resistances and in particular, this $0.30 barrier. Without really stopping at $0.50, we have come close to $0.80. The market finally failed on the $0.60 weekly resistance.
We are now on a very important level : the weekly support of $0.50. Contrary to past attempts to break out, the price is strongly...
USOIL seems maintaining the monthly and daily demand zone and switched to buys on lower TF. We have seen bearish momentum slowing down the past hours.
Entered a buy at the blue box retest (19.90$), as it offers me a great risk to reward.
RISK IS SMALL AS OVERALL MOMENTUM IS STILL BEARISH.
TARGET 1 : 26.80$
TARGET 2 : 33$
Trade safe,
AT
OIL went through its biggest monthly drop ever and is now trading near the 20$ monthly demand zone.
We have seen the market reacting to this area creating a new daily demand zone.
WHAT'S NEXT:
The market retests the new daily demand zone (red box at 21$), and we see a price transition on Lower TF:
- We could potentially have a buy biais but please, manage...
WE ARE STUCK:
XRPUSD rejected our daily supply to the pip and headed down to the daily demand. The market then perfectly touched our daily demand zone and bounced on it, but seems stuck in between the daily supply (0.2050) and daily demand (0.1815).
On daily TF, XRP broke the ascending TL but we still have a long wick on the breaking candle and a low volume:
...
BTCUSD has reached our daily demand zone at 6888 $, where we can find buyers to push the market higher.
We haven't touched the daily supply at 7732$ yet.
If price removes this demand zone, we might revisit the monthly demand zone at 4200$.
If price bounces on the daily demand zone and removes the daily supply, we are going to 10K.
Trade safe,
AT
Market found support at 1.07682 and price created a nice push until 1.09264. Since then, we can see the market retracing on lower time frames.
We are stuck between H1 supply (1.08883) and H1 demand (1.0860).
If the market removes this new demand zone on H1:
- We will revisit the new H4 demand zone at 1.0800 to find buyers again ( we need extra confirmation...
GOLD strongly reacted to the weekly demand zone at 1468$ and is now near to the monthly supply zone.
If we break the blue Trend line:
-Price will first retest the last daily demand zone at 1626$, where we might find a few bulls again trying to push the price higher. (This could create a range between last daily supply and last demand).
-If price breaks...
On the bigger picture, we can see that the market reacted well to the weekly demand zone at 96$.
WHAT'S NEXT:
1) ETH will reach the last daily supply at 196$:
- Market created a brand new demand zone at 144,70$ where we could find strong buyers.
- The test of this supply is important for the market: A break will lead price to the last weekly supply at...
Following my last post, XRPUSD decided to bounce on the trendline and reached the daily supply at 0.2050.
WHAT'S NEXT?
1) Test of this level to see if we can find some bears hidden to push the price back onto the new daily demand at 0.1815.
- This daily demand zone could allow big boys to enter the market and push the price higher.
- Too much bear...
Quick update to my last XRP publication:
Firstly, our H4 demand zones became daily demand zones, which means they are way stronger than before.
Secondly, we are at a critical point for XRP:
1) A break of the trendline will probably bring price back to the last daily demand zone at 0.1630:
- If price holds this level, market will range between last supply...
Ripple still pushing slowly up and testing this 0.18 weekly resistance.
Market is creating demand zones for H4 TF, located in the overall monthly demand zone.
The next daily supply zone will be at 0.21 and might bring the bears back :
- A break of 0.1250 could lead price directly to 0.033.
- A break of 0.2150 could lead price to 0.31, last weekly supply...
Price removed H4 demand zone and seems to be heading to the last monthly demand zone at @1.0650 for a retest.
Market switched to sells on H4 and H1.
Be careful if you consider to short when approaching the monthly demand zone.
Trade safe,
AT
The monthly demand zone of 1.0650 has been a huge buying zone and pushed the price up to around 500 pips in a week.
The question now is:
Is EURUSD strong enough to go check directly the last weekly supply at 1.1350? This zone could bring bears back in the market for potential sells.
Trade safe,
AT
After the touch of 0.11, Ripple directly reacted to it and seems to be maintaining the monthly all time lows.
On daily and H4 we can see the market retracing slowly: Bears are trying to maintain 0.18 which is a strong weekly resistance.
My biais is still super bullish for a longterm investment with target at around 4-5$ minimum.
I have seen a lot of people...
L'Ethereum est venu toucher la zone de demande mensuelle des 95$ et semble bien réagir vis-à-vis de cette dernière.
Sur le moyen-long terme, nous pourrions venir tester la dernière vraie zone d'offre, se situant à 810$.
Une cassure de cette zone pourrait pousser le prix aux plus hauts historiques.
