Its about time this dumped, CME gap waiting at around $9,000 im sure.
Nice set up on the 4H timeframe at prior monthly candle and wick PA where it dumped from $20k before.
Fib retracement aligns with top TL of wedge, want this 4H to close below 78.6 bit of an impulse entry..
See what the week brings, 27th Nov seems a good day to send it.
Currently at the monthly candle closes this huge spike, still think we need to pull back to sub $0.20 before any major $1 moves in my opinion.
Either this moons in January or November i don't see it being this year though it would be nice, a cross point has just shown itself now.
Lets see if this fib plays out and how these daily canldes closes, the weekly also...
Out of all the pairs, XLM seems to have the cleanest set up for the bias I still have, XRP has done bits this week which I was not expecting but I still dont think this is a parabolic bull run.
Another drop across the majority of cryptos abiding by this current fib retracement and hopefully the extension as well being a huge buying opportunity again.
If we keep...
Price reached 61.8 & 78.6 retracement zone and took an entry expecting the chart to play out with the fib extensions aligning with resistance and previous daily highs.
These highs need to be wiped out before we move lower where a double top structure or similar would confirm this, that would be next week potentially unless we stick with the bullishness.
Using the zones shown with the reasons ( 61.8 & 78.6 retracements ) for them being there shows why we have seen price push up to $0.28500 just now.
$0.29999 is a major prior resistance which I could see being tested one more time before a final drop to $0.17000 before we moon in January, hopefully 🤞
Bitcoin should bring down a majority of the market aiding this...
Little strategy going on see if it plays out were all here for the 1000x, my bet is it happens after the snapshot for Flare / Spark.
Fib retracement from the highs in August to the consolidation zone from September - Now, where we are finally seeing a breakout higher.
Again I think this is a simple retracement no huge bull run yet, even BTC isn't moving up after...
Trendline break and retest on the lower time frames, testing trading 1pm - 3pm roughly with this pair.
Currently tapped 78.6 retracement from the huge dump during Asia session, may have just missed the entry though H&S maybe.
$ is going down regardless at some point S&P 500 has a similar set up...
Looking for longs on USDJPY going into NY session, DXY chart looks the same and is forming a Right Shoulder atm.
Will be watching this pair closely along with DXY between 11AM - 1PM GMT on the lower timeframes for an entry should this come through.
Hoping to see XRP back below $0.20 by the start of November, an across the board market crash would make sense right before an election this big.
Another retest of the bottom of Januarys range, a dip below is a great buying opportunity before the great reset.
A short term trendline has been broken and now into the range shown, lets see what the end of October brings. 🤞
Wish I had posted this sooner, the wick on 6th Oct at 18:00 gave a perfect sign for a break and retest of the bearish trendline found on the Daily.
This has been broken and retested, this move may be dragged out as it is a Monday and Bank Holiday for USD/CAD so there will not be much volume.
The above resistance has been rejected once after the break of the...