Cryptocurrencysignals
XrpUsd - The beginning of the end?BITSTAMP:XRPUSD is actually attempting to invalidate my long term bullish case scenario.
Trading cryptocurrencies in general is not easy. You always experience two digit moves in single days and drops of -10% are never easy to digest. Looking at the higher timeframes is key though, also on XrpUsd. XrpUsd is still trading in the triangle formation and retesting the last bullish inflection point. My general optimism tells me that we will see a bullish rejection here.
Levels to watch: $0.42
Keep your long term vision,
Philip - BasicTrading
ETH/USD: Dodging the 4K Rejection and Riding the RollercoasterHey there, crypto warriors! Get ready to dive back into the ETH/USD battleground – it's time for another epic trading update that'll make your heart race faster than a DeFi token pump!
So, let's rewind to our last analysis. We talked harmonics patterns, support zones, and resistance levels – all the good stuff. But guess what? The plot thickens, my friends!
Fast forward to today: We're facing some serious drama on the weekly charts. That's right, we gave the infamous 4K level a good old-fashioned rejection, sending us on a downward spiral. But fear not, brave traders – we're not out of the game just yet!
Taking a closer look at the charts, we're hitting some key Fibonacci levels like a boss. The shadow of the candle landed right on the 61% fib, and we're currently hovering above the 31% – talk about walking the tightrope!
Now, here's the million-dollar question: Are we ready to make a move? Well, it all depends on those cheeky daily candles. If they keep confirming support like they're supposed to, we might just be in for some bullish action. But hey, if you're not feeling it, there's no shame in waiting for another drop to that sweet, sweet 61% fib or even our initial entry point.
But hey, remember the golden rule of crypto trading: Buy the dip, hodl the moon! And hey, if all else fails, just blame it on Elon Musk – works every time!
So, here's to the brave souls riding the ETH rollercoaster – may your trades be profitable and your memes be dank!
Keywords: ETH/USD, trading update, Ethereum analysis, Fibonacci levels, support zones, resistance levels, volatility, risk management, cryptocurrency news, rollercoaster ride, trading strategies, investing, dollar-cost averaging, Elon Musk memes.
SOL/USD: Riding the Waves of Resistance with SOLANAWelcome back, crypto crusaders! Today, we're diving into the turbulent waters of SOL/USD trading with our favorite meme-like analysis. So grab your life vests and let's navigate the waves of resistance together!
Right off the bat, SOL is giving us some serious déjà vu as it flirts with resistance levels that harken back to its previous all-time high (ATH). Talk about a blast from the past! But fear not, because we've got our trusty charts and Fibonacci levels to guide us through this storm.
Zooming out to the monthly timeframe, we're seeing some unconfirmed structure, but the weekly suggests that resistance is looming large. However, amidst the chaos, there's a glimmer of hope – a bullish trendline on the monthly, aligning perfectly with the 615 Fibonacci level and structure. I smell a potential support zone brewing at the $100 level, assuming the price plays nice with the ATH as resistance. Cue the dramatic music!
Now, here's the golden rule: Buy if and only if the structure is confirmed at the $100 level. We're talking about touching a support trendline here, folks – a break could send us spiraling down faster than you can say "crypto crash." And trust me, nobody wants to visit the dreaded $40 level!
But wait, there's more! We're not just looking for confirmation of support – we're also keeping a keen eye on that pesky ATH level. If it decides to flex its resistance muscles, we might just find ourselves eyeing the $140 level as our new loading zone. Talk about a plot twist!
As for our TP (take profit) level, we're setting our sights on the lofty $412.00 mark. But beware, brave traders – the ATH will be standing guard, ready to thwart any further push. Better review those lower timeframes to confirm our strategy.
Remember, it's all about probability, folks – no trading advice here, just some good old-fashioned risk-taking. And hey, don't forget to stay up to date with the latest news on SOL – fundamentals are the wind beneath our trading sails!
So, here's to riding the waves of resistance with SOLANA – may the memes be plentiful and the profits be ever in your favor!
Keywords: SOL/USD, trading analysis, resistance levels, support zones, Fibonacci levels, bullish trendline, ATH, loading zone, take profit level, risk management, investing, trading advice, dollar-cost averaging, cryptocurrency news, meme culture.
The Ripple Effect: XRP/USD ambitious Targets Or Lost AauseAh, the rollercoaster ride of XRP/USD trading since 2021! We may have missed the boat on our buying opportunity, but hey, who doesn't love a good challenge? Hoping for a nice, healthy drawback, we set our sights on a retest of the previous support level at $0.6 before shooting for the stars. But of course, the universe had other plans – cue the resistance at the previous ATH. Classic!
Creating a harmonics pattern, we danced around that $0.6 support, only to break it on our final push to the harmonics pattern TP, sending us tumbling down to the $0.30 levels. What a thrill! Talk about a bullish channel forming right before our eyes.
Now, we're eagerly awaiting that break of the $0.60 support on the lower timeframes. Come on, little buddy, you can do it! Once that's in the bag, we'll be sipping on confidence cocktails as we watch it transform into support once again. But hey, if not, brace yourselves for a plunge to the next structural zone. Yikes!
Dreaming big, we've got our eyes on the $4.00 range. Ambitious? Perhaps. More likely? Well, let's just say we'll settle for reaching that precious ATH – if we're lucky!
Remember, folks, it's all about probability – no trading advice here, just good old-fashioned risk-taking. Dollar-cost averaging is the name of the game, and hey, maybe investing is just a tad bit safer than trading – but where's the fun in that?
Here's to riding the waves of the crypto market – may the odds be ever in your favor!
Keywords: XRP/USD, trading analysis, humorous trading, Ripple effect, support levels, resistance levels, harmonics pattern, bullish channel, targets, risk-taking, dollar-cost averaging, investing, probability, trading advice.
UNFIUSDT Ranges and Value Areas to Trade TodayBYBIT:UNFIUSDT BINANCE:UNFIUSDT
UNFI has been trading in a range for the last few days and I show you where to take potential trades.
This asset can be extremely volatile, so trade with caution, but if you find yourself in a move in the right direction, a quick scalp trade could turn into a beautiful swing trade!!
Not Financial Advice. DYOR. Papertrade before trading with real money.
If you liked this idea, please give it a thumbs up and follow. Comment on how you are trading BTC right now.
Safe trading!
Shawn
BTC Blackfriday specialHello everyone,
I hope you had a relaxing weekend and you haven't panicked too much on the last flash crush.
Here are my thoughts on Bitcoin and what will happen next. I tried to keep the TA as straightforward as possible. I will release a more in-depth TA soon.
FOLLOW ME, SHARE, LIKE AND COMMENT
ICP/BUSD Price Action on ICP Cryptocurrency AND "If you had"Hello, in my series "If you had listened to me" Or "If you had followed me" you would see that from July 19th 2021 the price action for Bitcoin was just unreal. You literally could have doubled your money.
So now we look at the cryptocurrency called ICP and the amazing price action.
Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network. The network aims to help developers create websites, enterprise IT systems, internet services, and DeFi applications by "installing their code directly on the public Internet." ICP can also be staked or "converted into cycles" that can be used to power computation for dApps and traditional applications.
I wish I could write more about ICP, however let's put it this way.. It was a token that I have known about since the early days. It's a token I had respect for. I do not have respect for a lot of things which I am working on. So for me to have respect for something means a lot. So get in on the price action and be well.
ETHUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
ETHUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
ETHUSD top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.