SpecialAgentK

RBN/USD Long Upon analyzing the four-day timeframe, it is apparent that Ribbon Finance's token price has undergone a significant decline. Despite this, the protocol appears to have promising potential, leading to the possibility of a favorable long position while DeFi investments are currently out of favor with investors. However, it is essential to note that there are some obstacles to overcome in the short term, specifically a sell order block and a bearish order block, which must be surpassed before the token price can reach its short-term peak with greater ease. While the current trend has been unfavorable for Ribbon Finance's token price, the underlying protocol's potential merits and current signals in Market Cypher B show a possible opportunity for the trend to change.

BTC Short Looking to enter a long trade when the price of Bitcoin reaches the level of $24,842, which I believe is a level of strong resistance. The price I expect to push even lower after reaching this level, until it encounters more resistance on the volume range profile. Additionally, the Tom DeMark Sequential indicator also signals resistance in this area, which further supports the idea. Time will tell as we grid downward.

Looking to see if we get a dip before resuming the uptrend.

Another view that may support the push to all-time highs.

Probably will hit $24.4 maybe we get all-time highs? Let's see where this goes.

Still waiting for all the bearishness to play out. Here are a couple of targets to watch.

I'm looking at the bigger picture to see if I can find some possible bottoms to Bitcoin's price. Hopefully, we are pretty close to the bottom but I also put in some other ideas if the trendline fails to hold.