XRP Update:
$XRP is moving as expected and is nearing the entry zone at $0.49. Will enter a buy
XRP Update:
$XRP is moving as expected and is nearing the entry zone at $0.49. Will enter a buy position from this level with targets unchanged from the previous analysis, as the bullish outlook remains intact @
#ShibaInu is trading within an ascending triangle, with a strong support zone at 0.00001731. Ideal long entry is upon a daily close above the triangle for a target of 40% profit. Stop-loss is set below the triangle or 0.00001545 if a daily close occurs under this level.
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👉 The First Thing That Every body Talk About It These Days Is a Bull Flag, And Breakout Is a Action That Most Of The People Are Waiting For It, But The Story Is Not That Much Simple, And I Wanna Describe My Main #BITCOIN View At This Update, So Let’s Get Started
📥 I Agree About The Clear Bull Flag Formed At The High Timeframe And Of Course It’s a Bullish Pattern But I Can See a Rising Wedge At Lower Timeframe And Its a Bearish Sign In a Short Term Before Any Breakout From The Main Bull Flag
$BTC #MarketDownturn My Priority Plan Is Breakdown The Rising Wedge Toward a 60k As a Main TP And In a Worst Scenario Dump To The 50k Area Before New Bullish Rally And Breakout a Bull Flag @
#AGLD is forming lower lows (LLs) and lower highs (LHs), currently trading near the resistance zone. The price is expected to decline from this level and test previous lows. For a short entry, it is advisable to wait for a break below the $1.047 level.
✅ Due To The Previous Update The #BITCOIN Price Perfectly Bounced From 64k Area And Today Hit The 68500$ Crucial Resistance Zone
👉 Here At 68500$ There Are Three Important Factors, 1.272% Fibo Level, Previous Wave D Pivot And The Main Trend Line
📊 By These Three Reason Mentioned Above, Correction From Here To The 62500$ Area Is Possible And For Account Management Customers I Prefer To Be Out Of The Market
📥 My Entry Zone Will Be At 62500$ Or Breakout From 68500$ Level
I will enter a buy position after the daily candle breaks above the Bull Flag pattern.
Bull Flag Strategy:
The Bull Flag is a well-known bullish signal in technical analysis. It starts with a sharp price increase (the pole), followed by a small correction or sideways movement (the flag). When the price breaks above the upper resistance of the flag, it is seen as confirmation of the continuation of the uptrend, providing a good opportunity to buy. 📈🚀
A rising triangle is a technical pattern that suggests the possibility of a continued uptrend. It consists of a horizontal resistance line at the top and an upward-sloping support line. This means the price continues to form equal highs, while the lows gradually rise. 📈
When the price breaks above the horizontal resistance, it signals a potential strong price increase, providing a good buying opportunity. 💹
My targets for this trade are :
1) 242 🎯
2) 291 🎯
3 ) 350 🎯
The best entry point for a long position is after the daily candle closes above the horizontal resistance
📈 Clear Bull Flag Formed At The Chart And Currently The Price Rejected From The Trend Line, Its a Fifth Times That #XRP Hit The Trend Line And Rejected
👉 The Important Point Is Every Time The Price Hit The Trend Line It Became Weaker And Weaker So Small Correction At This Point Is Expected And By The Next Hit I Expect a Breakout Toward a 0.93$ Area
#LTC is currently experiencing a pullback towards the 200 EMA on the higher time frame. The price is expected to rise from the current level and test previous highs. For a long entry, it is advisable to wait for a break above the $67.67 level.
👉 Sorry For Not Posting Any Thing During Last Days, I Was Waiting To Get More Data From The Market, So Let’s See What’s Happened New About The Chart
📈 Today #BTC Breakout From The 63500$ Trend And Support Area And I Think Finally The Price Is About To Hit And Break The Main Trend Line Toward a 71,165$ As a Next Short Term Target
After a strong move, BTC retraces back and taken support around the breakout level. It recently broke out of W pattern and it is ready to go up with 1:2 risk to reward ratio.
T.F.- 15-M
ENTRY- as soon as it gives breakout above 65965-66000
SL- 65230
TARGET- 67425
$BTC Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop different@CryptoRR