I'm comparing the current XRP cycle with the previous one to better estimate the timing of a potential bottom.
Back in the previous cycle, XRP first broke below a major support level and entered a prolonged correction phase.
What happened next? 👀
🔹 Price consolidated for more than 112 days 🔹 RSI spent an extended period below the 30 oversold level 🔹 Momentum gradually stabilized while sellers exhausted themselves
The real bullish signal only came later:
✅ RSI turned back higher from oversold territory ✅ Price broke above the falling red channel ✅ A new bullish phase started
Now, a very similar structure is developing.
Once again:
🔹 Price has broken below a major low 🔹 XRP is trading within a falling channel 🔹 RSI is diving below the 30 level
If the historical pattern continues to play out, we could see a prolonged consolidation phase lasting around 112 days before the bulls are ready to take control.
For now, the focus is not on predicting the exact bottom price.
The focus is on watching for the same sequence of events that marked the previous cycle bottom:
📌 RSI recovering from oversold conditions 📌 A breakout above the falling red channel 📌 Confirmation that bullish momentum is returning
Until then, patience remains key. ⏳
Will XRP follow the same roadmap once again? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
When the market is bullish → you look for longs 📈 When the market is bearish → you look for shorts 📉 When the market is ranging → you trade the range 🔁
But what about when the market is messy?
“There is time to go long, time to go short… and time to go fishing.” ~ Jesse Lauriston Livermore
When the market is: • choppy • unclear • full of noise
There is no edge. Go fishing 🎣
Your job is not to always be in the market.
Good traders know when to trade. Great traders know when not to.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
AAVE is currently sitting at a very strong confluence zone.
Price is hovering around a weekly support level, aligned with the psychological round number at 100. This is the kind of level where reactions are expected.
As long as this support holds, the edge shifts toward the bulls, and we will be looking for long opportunities.
The next key target sits around the 200 resistance zone, which acts as the next major barrier.
Lose the 100 level… and the structure weakens. Hold it… and the path higher opens up.
Simple level. Big decision.
Will buyers defend 100 again?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
Right now, #BTC is short-term bearish, trading below the green structure around $90,000. As long as price remains under this level, upside momentum stays capped and the market is vulnerable to more downside.
The key risk level is clear: If $BTC breaks below the lower blue trendline, this would signal a shift into a long-term bearish phase, opening the door for a deeper move toward the $80,000 area.
On the flip side, there’s still a bullish path: If BTC manages to reclaim and hold above the $90,000 structure, momentum flips back in favor of the bulls, with price targeting the upper bound of the wedge near $100,000.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
I called this area the "perfect intersection" for a reason.
$BTC is now reacting around a level where everything lines up: - the lower blue trendline - the 90,000 round number - a clear demand zone - and prior structure acting as support
When multiple factors meet at one place, I pay attention.
As long as #BTC respects this zone, the path remains open for another push higher. If buyers step in here and defend it, I’ll be looking for continuation rather than guessing tops.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
$BTC reacted exactly where it was supposed to... the blue demand zone held, and buyers stepped in!
Since that reaction, price has started to shift short-term momentum to the upside, forming a rising channel. Nothing aggressive yet, but structure is slowly improving.
From here, my focus is simple: as long as #BTC keeps trading within this blue channel, I’ll be patiently looking for pullbacks toward the lower bound, and from there, trend-following long setups.
The natural upside magnet remains the orange structure zone, which is still acting as the key decision area.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
⚔️Both SOL and XRP are now sitting at a major weekly support zone, clearly marked in blue. This is not just a random level, it’s a key structural area that has defined direction in the past.
From here, the market is at a crossroads:🔁
📉If this weekly support breaks, it would signal a loss of structure, opening the door for further long-term bearish continuation toward the green demand zone below.
📈On the other hand, for bulls to regain control, price must prove strength. That confirmation comes only with a break above the last major daily high, marked in red. Without that, any bounce remains corrective, not a trend reversal.
In short: Structure is being tested. Reaction matters more than prediction.
Do you think this support holds, or are we heading deeper into demand? 📊
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
Bitcoin just delivered a classic manipulation move into the higher-timeframe demand zone❗️ The sharp sell-off below structure flushed late longs and triggered stops, only to be quickly reclaimed.
That’s not weakness. That’s intent.
📉📈From a structural perspective, this demand zone has already proven itself before. Price reacted strongly from it in the past, and once again, buyers stepped in aggressively after the sweep. This suggests the downside move was more about liquidity than genuine trend reversal.
⁉️Now comes the key question.
⚔️As long as BTC holds above this demand and continues to build acceptance, the focus shifts to a recovery move back into the prior structure and supply zone above. That area will be the real test, whether this bounce is just a correction, or the start of a larger continuation.
For now, patience is key. Let price show its hand near demand before committing.
Is this the reset before the next leg higher, or just a temporary relief bounce? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr