I like the look of this inverse head and shoulders pattern.
Looks like were putting in a nice double bottom on 15 min for right shoulder.
We can see a number of sellers exiting there positions in xrp shorts, we need going to need some buyers to break the downtrend, if we do then next major hurdle is .40 cents.
I see this as the last major resistance from last ...
it looks as thou we have seen the back of the bears for now and looks like the 6000 mark is a solid floor. The channel looks like a squeeze before we see any big upside movements but imo there is room for movement to 7500.
We have seen this move in btc before and expect a narrow trading channel for a few more months before we break up for a new high.
Have been looking for reasons to get long on xrp after having taken profits last week and have been trading the channel.
We have a cypher pattern and also have gone oversold on 60min.
good luck trading.
Great opportunity for all long term investment traders, i am looking for a pull back here on the 240 to look to ride this train down back into sub 5 lira territory.
Two targets here which i like which fibbs confluence 1st target will be 382 and 2nd at the famous 618.
Look for your own entry reasons guys/gels and happy trading.
all eyes on bitcoin as traders looking to get long, could see a reversal soon or break down to next level of support 8-9000s
all seems possible in this bullish flag. lets see where we close on the daily.
since pretty much getting my predictions for this pair spot last year, i will look to see if i can anticipate the move in motion.
Heres what i think. I predict we will see a move down to 9-8000s, look for the rsi to go oversold on the daily chart.
I will be looking to get long again if this happens. look for your entry reasons.
Over the weekend i expected some more decline on bitcoin b4 we go long again. i have found my entry reasons on this gartley.
will look to hit three targets will BE after 1 target hit on the 382. goodluck trading
I looking to get long on this pair. I see price pa hitting 4800s again, either we will get rejected here and push up or like in diagram will show some more movement to down side. good luck and long for your reasons to get long.