RighteousTA

Current view of Bitcoin zoomed out on the monthly timeframe seen in Heikin Ashi. The RSI looks to be in a good position with price action. Target of $250,000 or more if momentum keeps up.

Could be short term trade here on the daily chart. Lower high when you just look at candle bottoms with an RSI to match. Also, a pick up in volume with a proper place to put a stop loss and a good risk to reward ratio.

It's been quite an exciting year for bitcoin with a new all time high around $73,500. Enormous runs like this that last over a year, 450 days, there's going to be corrections or cool off periods. Now's the time to stay calm, plot some targets and see where it lands. My targets and where horizonal fibs intersect with diagonal trend lines. When Bitcoin interacts with these levels I'll be paying extra attention for signs of support or reversal and go from there. It's really that simple if you don't cloud it up with emotion.Nothings changed, it's still just a lower high at this point.Here we goStill on track for this setup. Daily chart breakdown in play.

What a great run it's been. We're In the second quarter of 2024 and Bitcoin has put in all time highs. BTC really needs to cool off and find some support here. The short trade just seems like the lowest risk with the current setup.

Wow! XRP always seems to have the best liquidations. I'm going to utilize it as an opportunity. Stop placed under activity found on the 4H chart and i'd say the take profit is pretty conservative. All in all we're looking at a nice low risk high reward trade setup on a Wednesday.Moved the stop down a little bit to $0.5588.Taking profit on 50% of position

Coming in with a stop loss that is much higher than i'm normally comfortable with, but the reward is so high! Ideally i'm just going to keep adding to the position that I acquired at $8,440. Let's see what happens!

Sitting at the top of the purple channel now. Have my shorts in play at the moment with a stop above local top. Really just waiting for the channel to break in either direction.Such a beautiful breakout!

Sharing a zoomed out view of Bitcoin on the daily chart. A few things to point out are the purple channel., orange wedge that creates a trend line into a pocket near $31,700, approaching the 0.382 Fib, and hidden bullish divergence.Purple channel has stayed in play, moving toward 0.618 Fib.

I wouldn't be surprised if this is the end of this current run for now. Bitcoin may have one last push but I do feel some buyer exhaustion coming. My plan is to sit back and go fishing for some good entry bids.

What a beautiful setup on XRP to the Dollar. It's hard not to ask the question, has this chart just been building up for this moment in time all along. We see a strong base with horizontal support for years now. around $0.18. Well we are also coming up on a strong resistance that has years of history as well, at $0.87. The horizontal resistance is lining up with the trend line drawn form the candle wick tops which put s us in a trending range that's soon coming too and end. Looking at XRP's history of insane moonshots it's not hard to conclude that we're potentially at the beginning of some serious price action.