XRP is now broke out uptrend signify as ready to go up in valuation.
And the profit taking continues as Black Rock buys more Bitcoin as been rumoured.
This is the same Fibonacci Expansion Levels drafted from my previous & previous post. And it is a great to see it works well. Ain't sure what happened to Trading View having problem on linking older post on XRP.
The intention of Bitcoin to re-test ATH of $99.6K is seemingly understandable.
It must be a formation of the "M" is ongoing again.
We are now seeing another leg up with the support to be taken into consideration.
We are seeing a retracement which would turned into ongoing correction in reality.
The retracement of the BTC is going to be epic too I must say.
ARKM is really taking its time throughout the season. One only need to be confident about it at the pace of its movement.
After the previous uptrend Fibonacci have been SUCCESSFUL. Let's see how this one for monitoring futher of the downtrend.
On the left is the Bullish Fibonacci while the right would be the Retracement Fibonacci. Looking at such a messy trend which give the glimpse of Cup Handle in the coming last 10 days of November. One will have to decide either another uptrend or retrace to close for the month.
What XRP need to do now is to stay above $0.6888 to achieve its previous high about $1.00 in time to come.
This is the current configuration trend of TRON. Look at the Fibonacci Expansion level. We would want to see it stays above 0.382 level to achieve its potential.
Bitcoin is in Bullish Season once again. I would love to see the Retracement in action after the pump since yesterday.
It have been a stagnancy waiting for it to correct its valuation. Let's see how European will react to it.
This is the beginning of November 2024. My previous posting includes of Uptrend Bull and Retracement Bear all fully recorded in the Comment & Update. Please refer there.
This is a good start during the Asian Market opening today.
It has been a long wait for the retracement to happen. And it is testing everyone's patient.