My trading plan is to wait for price to reach the drawn lines or boxes to look for entry signals. The drawn lines or boxes are strong support/resistance zones, these are potential reversal areas when price approaches. If price breaks out instead of reversing, this is where to wait for a retest to look for entry signals. Good luck my friend!
### **XRP Trend Analysis & Next Targets (January 31, 2025)** #### **Current Market Overview** - **Price:** ~$3.10 - **Intraday High:** $3.15 - **Intraday Low:** $3.06 - **Trend:** Bullish momentum with key resistance levels ahead #### **Technical Analysis** 1. **Bull Flag Formation:** - Analysts have identified a **bull flag pattern**, which typically signals further upward movement. - If this pattern plays out, **first targets** are around **$3.55 and $4.40**. 2. **Elliott Wave Projection:** - Based on Elliott Wave theory, some projections suggest a **potential move toward $5.85**, if momentum sustains and breaks key resistance levels. 3. **Resistance & Support Levels:** - **Resistance:** **$3.22** – A critical level where XRP recently faced rejection. Breaking this could push the price to the next targets. - **Support:** **$3.00 - $2.90** – Strong support levels that XRP needs to hold to maintain bullish momentum. #### **Outlook & Next Targets** - **Short-Term Target:** $3.55 - **Mid-Term Target:** $4.40 - **Long-Term Target (if bullish momentum continues):** $5.85 ### **Key Factors to Watch** - **Breakout confirmation above $3.22** - **Overall crypto market sentiment and Bitcoin’s movement** - **Regulatory news impacting XRP** - **Trading volume and institutional interest** ### **Conclusion** XRP is showing **strong bullish potential**, but breaking resistance at **$3.22** is crucial. If momentum continues, targets of **$3.55, $4.40, and even $5.85** are in play. However, traders should monitor support levels around **$3.00 - $2.90** in case of a short-term pullback.
My trading plan is to wait for price to reach the drawn lines or boxes to look for entry signals. The drawn lines or boxes are strong support/resistance zones, these are potential reversal areas when price approaches. If price breaks out instead of reversing, this is where to wait for a retest to look for entry signals. Good luck my friend!
What i see right here is a historical break out of gold from an all time high solidifying into a support prepared to go for that beautiful run to 3k....you don't want to miss this ...90days in view...23
Bitcoin - accepted Value - key support 102 300 in the case of re-test of 103 200 i ll take long Reasons: watch the video
https://www.tradingview.com/x/TmqOuCie/ My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2796.6 Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2772.5 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
? Looking at the analysis of **BTCFDUSD** across multiple time frames: **22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**. ? BTCFDUSD is currently at **$104,688** and is expected to pull back before resuming an upward move. A better entry point would be around **$102,550** for an optimal risk-reward setup! ?? ? Stop Loss can be set below the support level to manage risk effectively. ? We are utilizing key support and resistance levels to identify the best trade zones. Currently, BTCFDUSD is approaching a strong support level, which could trigger a potential bounce. **Bullish View:** Expecting a bounce from **$102,550**, leading to a strong upward movement. **Bearish View:** If BTCFDUSD breaks below **$102,550**, further decline is possible. ? This setup presents a very interesting opportunity! Keep an eye on the price reaction at **$102,550**. ? ⚠️ **Note:** We should expect further decline if BTCFDUSD breaks below **$102,550**. ⚠️ ? **Be sure to follow the updated ideas for real-time insights!** ? ⏰ **Analysis Time:** BTCFDUSD across multiple timeframes. ⚖️ **Do not forget to set a Stop Loss** for risk management! Protect your capital! ? ? **Follow your trading plan; this is just my analysis. I’d love to see your thoughts in the comments!** ✅ **Don't forget to hit the 'Like' button** ✅ ?? & share it with your friends; thanks, and happy trading! ? **BTCFDUSD**
JASMYUSDT is a cryptocurrency trading at $0.03336. Its target price is $0.06000, indicating a potential 100%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about JASMYUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. JASMYUSDT is poised for a potential breakout and substantial gains.
Akk indicators met looks good on higher timeframes used fib and candle formations for entry half a perct risked 1;3 rr
https://www.tradingview.com/x/gxXmfYjy/ My dear friends, Please, find my technical outlook for AUDNZD below: The price is coiling around a solid key level - 1.1009 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.1015 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK