Alb-Ma
@t_Alb-Ma
What symbols does the trader recommend buying?
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ETH Cup and Handle on Weekly Frame
On the daily frame, ETH looks bad targeting $2600 areas. Whereas, on the weekly frame, it formed a cup and handle pattern targeting $15k
XRP will hit $4 in the next bull run
I can't think of any reason why XRP won't hit $4 in the next bull run. As you can see on the weekly chart, XRP has formed a double bottom pattern indicated in the blue color. Also, XRP has formed a bullish symmetrical triangle targeting 4 in the next bull run. Stochastic RSI indicator on the weekly frame is oversold. I am not saying that there is no room for correction back to 0.35 / 0.40 areas. That is very possible and it would be a great price to buy
BCH has formed a bullish cup/handle and a bullish flag on 1D
I think BCH has formed bullish patterns. As you can see, there is a cup and handle on the daily frame targeting the 600 areas. Also a bullish flag targeting the same levels of 500 and 600
I think XRP will go down soon
As you can see on the 4HR frame, XRP has formed a bearish flag. The target of this bearish flag is around 0.46. Notice how the candles are respecting the flag yellow lines. It would be a good opportunity to accumulate in case if XRP goes down to 0.40/0.45 areas. Also, as you can see the stochastic RSI is saturated. Thank you for checking my idea
XRP
I think that XRP should visit 0.41 areas. If we close a 4H candle above the yellow downtrend, then I'll change my position to long to 0.61 araes
Bitcoin Cash Short Trade
BCH seems to form a bearish rising wedge. Expect the price to go back to $116
Gold
Bullish head and shoulders. As we can see from the previous bearish head & shoulders, the price went down after breaking the support. Now the same pattern is happening again but in a bullish shape. Will it break the resistance?
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