#Crypto Technical analyses ✍️- trading IDEAS 📈 | 🏂| Not a financial advice❗️ -Twitter: @CryptoJobs3- 🎯 My charts should help you for your own trading! 💎
$XRP - price analysis: Bullish consolidation [Weekly] in anticipation of another ATH?🚀
The HTF views looks pretty healthy, and we can clearly see that prices are consolidating nicely above the 50% fib (W) and precedent multy years ATH resistance around/above 1.800$!
Also combining all the bullish news and the massive adoption of ripple to come in institutions, this leads me to suggest that a further rise of the same magnitude (300 - 400%) could be seen! 📈
The current daily view remain pretty neutral and prices are stuck between 1.960 - 2.500 $
Keep it simple: As long as the monthly candle hold above 1.8700$, the long term view remain pretty healthy and bullish 📈
Same view I shared few days ago: (blue lines) 98,000$ almost touched, but prices looks strong and keep consolidating inside the channel! 📈 Local resistance to be break: 97,300$
On the daily basis, it looks really overbuy (ichimoku), and Im expecting a bearish correction to be see, around 98,000 or 99,500$! ⚠️
Seeing a correction toward 94,000 or 91,000$ make sense for another ealthy bullish breakout! [medium term].
At the moment, the short term price remain bullish, and it may continut to pump toward the upper resistances.📈 Monitor it wisely!
A daily candle close above 99,500$ would be a very good sign for the bulls, but you should be cautious below those levels! ⚠️
Im out of the position, luckily we booked profits at TP3 on the yesterday's pump! ✅💰
Prices remain very neutral and lock between the 0.1500 and 0.1400$ level.
Buy pressure remain weak yet, and a breakout of the main uptrend would surely lead to a test of the lower support zone around 0.13500$ 🎯⚠️
At the moment, i'm out, I prefer to bet on bull asset such as $POL . Level by level, no rush with leverages! wee made our trade yesterday already and it doesn"t make sense to keep it yet because of many rejection and fail breakout attempt!
If the 0.1350$ - 0 .1300$ support zone hold, then a 40 - 70% bullish correction could be see from this low!
$REZ - I'm doing DCA here, I'll cut in case of H4 candle close below 0.1350$ 📈 I see panic sell of becasuse of $btc, but prices may continue to climb !
I'll be more active tomorrow, especially to chart #bitcoin !
$REZ - I'm doing DCA here, I'll cut in case of H4 candle close below 0.1350$ 📈 I see panic sell of becasuse of $btc, but prices may continue to climb !
I'll be more active tomorrow, especially to chart #bitcoin !