#ALGO The sky is still in the winter season. Saigon is not exactly cold, but the feeling is still 'sweet', the chilly sensation of early morning combined with the warmth of southern sunshine. This weather truly brings comfort. The torment and bitterness we feel while in the market suddenly lessen. And so we continue. Today, the market is lush green after a week of gloom. And I found $ALGO . $ALGO has been submerged for many days now. Just look at the old peak, it has been so far since that time. Will it break through again? We do not know. I expect a 'slide' to appear after many more weeks. But before thinking about that price curve model, let's look at the short term first. I will write another post about $ALGO to analyze the price in the short term ahead.
#xrp This is an article about $XRP , I have tried to assess its value. I think it will help many people.
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#xrp As promised, I will provide a price forecast of $XRP . Of course, everything is still too early, I am still waiting for the breakout. But if that happens, where should we take profit? And if it goes down as a few people expect, worse if it breaks the lower trendline, where should the short position take profit? I have an idea for this issue. I have tried to research and have answers for myself. Look at my chart. If the price continues to rise, pay attention to the price milestones at 38.2%, 50%, and 61.8% in the Fibonacci diagram. I recommend taking profit at these levels. However, be a little cautious. At the 50% and 61.8% levels, the price of $XRP is almost coinciding with the old peak. So why take profit at the 38.2% level? However, be careful of a pullback at this level. If you are pessimistic, do not believe in the upward breakout, and think that the market will go down. In this case, I still have an idea for you. Coincidentally, I found a price confluence line at the 1.4268 area. I think this is an important price zone, very difficult to break through, take profit above this price level. Of course, I do not want the price to go down at all. I am waiting for it to break the upper trendline. I hope this article helps many people. Remember, I am not an expert.
#bitcoin Why shouldn't you buy $BTC at this time? It's hard to give advice to yourself, let alone advise someone else, whether to buy or not is up to your judgment.
However, my observation shows that $BTC is showing signs of going down. First, based on the analysis results, I see that its price has gone too high at the 1.618 area, which is in line with the Fibonacci chart on the right. What chance does Bitcoin have to go up to the 2.618 area? We don't see that sign yet. 3 consecutive monthly candles increased, the candle then retracted the wick with a bearish candle. Pay attention to that December candle, it's too ugly to think about continuing the price increase.
I think we should prepare for the coming negativity. Be careful when deciding to buy. I am still betting heavily on $XRP , the coin I am still waiting for the second breakout. What do you guys think?
#doge $DOGE is returning to the important price convergence area. In my chart, there are 2 such important areas. The storm last night wiped out nearly all of my profits from the past month. I am still glad that the stop-loss order saved me from being left empty-handed. Now, $DOGE and many other coins I am tracking are at a critical point. Their prices have dropped and have touched the support area.
Let's start over, at least I still have a little capital.
#xrp XRP touched the upper trendline and reversed back down. However, the daily candle after hitting the retracement level at 61.8% turned up and ended with a quite beautiful candle. Meanwhile, the weekly candle also performed well, closing above the previous week's candle, which is a good sign. However, $XRP is still trapped in the triangle. We should consider buying at this moment, just consider. I am prepared for its breakout above the trendline. I think we should dismiss the thought of selling right now, it's too dangerous. I have analyzed the price of $XRP in my previous post. My post is for reference only.
#xrp XRP touched the upper trendline and reversed back down. However, the daily candle after hitting the retracement level at 61.8% turned up and ended with a quite beautiful candle. Meanwhile, the weekly candle also performed well, closing above the previous week's candle, which is a good sign. However, $XRP is still trapped in the triangle. We should consider buying at this moment, just consider. I am prepared for its breakout above the trendline. I think we should dismiss the thought of selling right now, it's too dangerous. I have analyzed the price of $XRP in my previous post. My post is for reference only.
Hello everyone. Today marks the beginning of a new week filled with positive signs. Almost every coin ended the week with a nice candle. Will there be a price increase this week? I will buy more this week.
$SUI I didn't see anyone post about catching 5u3 :))) at this price, I hope it goes up further, otherwise I'll have to wait until next year to see the 5u chart again :))))
#SUI🔥 #sui SUI seems to be quite young with many investors, including myself. Therefore, there isn't much information on the chart to analyze. But I still try to find something for everyone to refer to.
$SUI has broken out upwards on the 4H chart. That is certainly something to consider for investment at this time, especially when the uptrend continues. On the other hand, many people feel hesitant when witnessing the continuous rise of $SUI without a peak.
If you decide to invest, I have some suggestions for you. I have found suitable profit-taking price points. Based on the analysis, I recommend taking profits at 6.1 and ideally at 6.4. Of course, a stop loss should be set; I think it should be at the price of 4.3. Many people think that 4.3 is too far from the current price, well, it depends on each person.
#solana Why buy Solona? I mentioned it in the previous article, Solona and Floki hit the support level and went up. It's a coincidence, right? There are thousands of different coins in the market, but they behave relatively similar. It's a matter of which coin you see in your eyes.
I have drawn a diagram for myself, and I will take this opportunity. I think $SOL will continue to increase in price. It has broken the price confluence that I was trying to find. I haven't had time to complete my diagram yet, but it looks like everything will be fine. I will try to finish it tomorrow.
However, the price may retrace around this price confluence, so I am ready to buy back in if $SOL gives me that opportunity.
#xrp As promised, I will provide a price forecast of $XRP . Of course, everything is still too early, I am still waiting for the breakout. But if that happens, where should we take profit? And if it goes down as a few people expect, worse if it breaks the lower trendline, where should the short position take profit? I have an idea for this issue. I have tried to research and have answers for myself. Look at my chart. If the price continues to rise, pay attention to the price milestones at 38.2%, 50%, and 61.8% in the Fibonacci diagram. I recommend taking profit at these levels. However, be a little cautious. At the 50% and 61.8% levels, the price of $XRP is almost coinciding with the old peak. So why take profit at the 38.2% level? However, be careful of a pullback at this level. If you are pessimistic, do not believe in the upward breakout, and think that the market will go down. In this case, I still have an idea for you. Coincidentally, I found a price confluence line at the 1.4268 area. I think this is an important price zone, very difficult to break through, take profit above this price level. Of course, I do not want the price to go down at all. I am waiting for it to break the upper trendline. I hope this article helps many people. Remember, I am not an expert.
#xrp It seems I missed XRP. I have been watching it for a long time but lost track of it in my memory.
In my chart, you can see that XRP has touched the lower trendline in the triangle pattern where XRP's price is being compressed. $XRP bounced back when it hit that line. Another optimistic signal supporting the growth of $XRP is that the lower trendline coincides with the 61.8% price line of the Fibonacci chart. Additionally, I want to point out that the price confluence zone of $XRP aligns with the price line at the 61.8% retracement level above. This means that at the price level of $1.99, it is a critical price point that is very hard to break.
Thus, there are many factors supporting the price increase of XRP in the coming days. The decision is yours; I am just providing my personal opinion, and I am not an expert!
#xrp It seems I missed XRP. I have been watching it for a long time but lost track of it in my memory.
In my chart, you can see that XRP has touched the lower trendline in the triangle pattern where XRP's price is being compressed. $XRP bounced back when it hit that line. Another optimistic signal supporting the growth of $XRP is that the lower trendline coincides with the 61.8% price line of the Fibonacci chart. Additionally, I want to point out that the price confluence zone of $XRP aligns with the price line at the 61.8% retracement level above. This means that at the price level of $1.99, it is a critical price point that is very hard to break.
Thus, there are many factors supporting the price increase of XRP in the coming days. The decision is yours; I am just providing my personal opinion, and I am not an expert!