price reached bottom of the channel, touch it and bullish candle stick pattern is forming can expect a short-term rising to the top of channel (at least)
Price retest was successful, can expect rising from here details on the chart
XRP is resting, gather strength for next rising, I hope, price oscillating for now, Good situation For Scalpers
price situation says XRP is ready to next rise details is shown on the chart if you have any question ask in comments
the best situation for a long position: daily Ichimoku show Ascending Trend, hourly candles also breaks-up the cloud price was retraced and showed a good support waiting for candle to close, if close price was about previous red candle, candle stick confirmation is Ok too and I will open the position
it seems XRP wanted a price retrace as it expected for a big rise of XRP, a retrace after a sharp rise of price is needed, i think price will go to 0.618 FIBO to meet SMMA 200 as a strong support
ADA seems to stuck in a range area, it is good for short-term traders (about 10 percent each 3 days) but we are all waiting for a new movement of ADA, it must be a sharp movement how long do you think this situation will remain?
in Daily and Weekly chart of BTC/USDT we can see strong Divergence (in both Volume and RSI) the price also can't reach previous ATH yet and show a week support of buyers, if price can reach previse ATH and rise of RSI we can expect another rise of BTC, BUT I doubt it can for now, I think BTC needs a bigger retracement, so I think if BTC can't go higher it will...
after price retrace the 0.618 FIBO, now its successfully breaks-up the Flag pattern, we can except a strong rising of ADA!
ADA has created a Flag Pattern (Triangle after a sharp rising) consider the strong support area at the bottom of triangle, we can expect another rising of ADA as price already tries to, BUT consider that price reaching the end of Flag (meaning buyers doesn't support price enough)
for hours, ADA couldn't rise and seems buyers does not have power to support price anymore, the triangle may be break any time and then we can expect price goes down even to 1.1$. but also be aware of fake breaks.
At the end of descending trend line, ADA was supported two times and try to rise, BUT An Strong resistance area has been formed above it, due to several touches and being a strong support in the past and also sit the SMA200 in this area, I think it is more possible to go down and break-down the support area after touching resistance area THAN breaking-up this area,
ADA has touched the Strong Support Area (1.2$) many times and can't break it yet, now it can a return position of ADA to Top, first resistance area: SMA200 (1.25$) and then FLY at least to 1.5$! BUT, if this support failed it can descend even to 1.0$
in my opinion, ADA is trying to breaks-up the descending line, if it can so, it will fly but it is also possible to going down and breaks-down the support area if buyers not support it now
EGLD is now touched the MA20 and resist to it, it can breaks-up the drawdown trend line and start rising again. what is your opinion?
DOGE is now reaching the downward trending line and trying to break it, according to a rising trend (see weekly chart), as it happened before, in 4h chart if price can breaks-up the cloud, it can FLY again up to it's previous records. it is also possible to reject from here and if it can breaks down the 0.04 area, it will retrace the price at least down to...
after breaking up the downward trending line, we are waiting for price to breaks up the cloud, I'm waiting for price rise to 52.000 then I will decide for entering. who is agree?