See how the next 3 month closes with it being the 2nd half of the first 6 month candle of the year. If the 6 month can close bearish there is a higher possibility the next 6 months after could continue bearish. The last 3 months closed as a smaller bullish candle. See if it can break and close out of this range either side for a confirmation.
Previous weekly candle closed within this resistance. Current weekly candle could just be a fakeout before moving lower. See where this week closes along with the monthly candle
Expecting this fib to play out with a solid bullish close at these retracements
Buying from a tap of this trendline, small risk. See if we go to retest $1.29 still
Following the overall bias being a pullback towards $1.29 - 30. Had a solid push overnight and expect this to continue as long as we stay above the Weekly 61.8% (Blue Line) 1 - 3% Risk on this one
If we close above the last 4H candles high I will enter buys towards $67K- $68K. The 12H is incredibly bullish though the last one closed with no wick, if this 4H & 12H closes as above then that's another confirmation for short term buys. I will hedge a short at $67,500 to go with the HTF bias of a reversal.
This pair isn't as clear as the last 2 but if a drop was to start from the levels BTC & ETH are at this is where XRP should follow suit. A retest of the smaller fibonacci's 78.6% retracement around $1.29 - 30 would be where I will take another sell position. Any closes above $1.30 - $1.41 we can likely see $1.70 again. Anything above $1.70 we can easily and...
Same as BTC, expecting a weekly close beneath the last ATH.
Similar to ETH, a weekly close under the last ATH would be bearish. Lots of room below across all cryptos that have gone up 100s of %. If you haven't taken anything off the table this may be wise to do so.
A close under $4614 will be bearish for this pair on the HTF. Big reversal signal if we close as a bearish doji like now. A top wick before breaking the low of this current weekly candle. The previous weekly candle closed below the ATH and now this is looking like a liquidity grab before a move lower. A weekly close above the previous ATH would be bullish.
Took a long on this pair, solid candle closes at this level.
Fibonacci set up on this pair, the recent push to $1.34 was a head and shoulders right at the 78.6 retracements. Zooming in further makes it more likely to continue lower from $1.29 - $1.30
Taken out the last ATH on this pair, now should have a solid move back down. First support zone shown and last low below, aligns with overall short term bias.
Nice fib set up on the daily along with the bearish trendline. Had a solid rejection so far will be taking this trade.
Fib set up possible on this pair along with the Weekly chart posted previously. Might risk couple quid on this one.
just now Last time we were at these levels we had a head and shoulder. Expecting this weekly candle to close below this range. This is where a lot of selling pressure is, above the ATH is obviously free game but for now we have resistance here.
Trendline and support below at around $0.30 - $0.20. Very possible with a similar sell-off to last year but either way is a gamble near ATHs. Bit of a wedge forming as well should we hold up.