Btc is been holding well and showing a weekly hidden bull divergence, the 20 ema (support) is located at $9160, the value is little different depending on the exchange, I would say the buy zone is $9160/$9300 this week, and it can be a very fast wick then back up.
Btc getting close to the buying zone, I also checked some altcoins/usd and they are forming some bull Divergences on a daily scale, so looks like the whole market will rebound when btc reaches the 9k support.
Waiting for the Rsi to hit the support line on a weekly scale. Also check the green arrows and see how the price went little below the yellow line (20 ema) but the body of the candle closed above the yelow line, in the current scenario this translate to a possible quick drop to $8200/$8400 but the body of the candle should close above the yellow line ($9062). In other words the technical weekly support and buy zone is the $9000/$9100 zone but since this market is to volatile it could spike down little lower and quickly come back up before the weekly closes, meaning that my bullish view will only be invalidated if the weekly closes below the 20 ema.
Falling wedge structure on btc, Buy zone still the same area depending on your exchange, $9100/$9300 and target $11.180. But I still believe it will do one more retest of the buy zone before going to the target, if I'm wrong, the breakout point is above $10.100 target its the same $11.180
Just broke up the breakout level $10.100 meaning that I now expect $11.180 in the upcoming days
first short term target (intraday) $10.200 and swing target (will take many days) still $11.180
I double checked the swing target, I will make it $10.900 instead of $11.180
Target of $10.900 should be reached soon, then another retracement around $10.500$10.570 and one more bounce for a double top or a max high of $11.080/11.200. Bitcoin Current bounce is ocurring inside a descending triangle, and the Rsi is in the Neutral zone, I still expect This triangle to break to the downside and the daily rsi should reach the oversold area, so the buy zone will be close to the 200 d ma, between $8000/$8500. This idea is cancelled only if bitcoin reaches $11.400/$11.500 then we can expect further advance to new highs.
Ascending triangle with hidden bull div, support at $10.520/$10.550 resistance of the tirangle $10.800. In other words still waiting for one more leg up to the sell zone $10.900/$11.060
Some Exchanges reached $10.950 others $10.900, give it some time to keep distributing, once it breaks $10.400 and closes a 4 h candle below next target is $9300, maybe one more small bounce at that level and then break to $8000/$8500 keep, you updated
Some people want me to update more often, but there is no need for that, the less trades the less mistake you make, weekly, daily, and 4 hour chart are good enough to trade and make good money, smaller time frames are not so reliable and give you to much stress
Xrp/usd shows a falling wedge with a bullish divergence on rsi, a breakout above $0.268 will confirm a buy signal, a stronger resistance point is $0.282 breaking that up will lead to a strong move to the upside, which I think is very likely.