ThePhoenix_

ThePhoenix_ Updated 

Break up in progress - 1600 area as first target

ThePhoenix_

We face a pull back on XAG after the battle win for now by the seller. In my opinion, if the trading flow still interest on XAG, we could assist very soon to a new breakup tentative. 35 still the first target, it just question of time. On the downside a pullback on the support around 0.23 is an opportunity to reinforce the position.

ThePhoenix_

0.45 as first target to play the rebound. O.33 still the key polarity support. Inversely a break down could lead us to 0.25

ThePhoenix_

Following the huge upside and also an enormous upper shadow with 0.75 triggered, XRP is now close to a strong polarity support around 0.33 level. Tactically it could be a good opportunity to play a rebound with 0.45 as first target. Inversely, a break down of the 0.33 support could lead the crypto to 0.25 as next strong support.

ThePhoenix_

Silver evolved last week with huge volume and could be a sign of a new bullish move with a breakup of the close resistance around 29 area. A clear break up could lead us to 35 area as first target. Otherwise 22 area stay a strong support to buy back the metal.

ThePhoenix_

FOLLOWING THE REBOUND ON THE KEY FIBO 50%, BTCUSD IS JUST UNDER A RESISTANCE OF A BULLISH FLAG FIGURE . A CLEAR BREAK UP COULD LEAD US TO 50K AREA OTHERWISE A BREAK DOWN OF THIS FIGURE COULD PUSH BACK THE QUOTE TO 27K AREA (fibo 61.8%) IN THE SHORT TERM.

ThePhoenix_

Following the break-up @ 0.33, XRP retraced up to 50% fibo (0.50%). In the short term the upside is limited for now and a risk of a downside @ 0.33 seen as strong support now is possible.

ThePhoenix_

ETHUSD stay for the moment in ascending bevel that show us a need for a breathe. I think that we are still on a bullish consensus and a continuation of the upward trend but a reversal still possible, especially with this figure (famous to be a reversal figure), the bearish divergence few days ago and the volume descending that reflects attentism leaves me on my guard.