DISCLAIMER: I am not a financial advisor. All contents on this blog are solely my own personal views and for Cryptocurrency Trading education/entertainment purposes only. Cryptocurrency Trading is very risky. Losses can exceed deposits. Enter with discretion.
Good Wednesday to all! I have missed to write a TA report for Tuesday, that is yesterday so I ask an excuse for that but tonight is good and here it is.
These are the highlights for today which is also explained in full details on the video TA:
Bitcoin to rally towards $60K!
Full tweet thread here:
https://twitter.com/rafaelken1989/status/1392445847799885837
XRP locked and loaded in Symmetrical Triangle ready for Breakout!
Tweet thread here:
https://twitter.com/rafaelken1989/status/1392347698716495875/photo/1
Total Crypto Market Cap hit a new ATH.
Both BTC and XRP entered 28 days of consolidation
Plus more updates!
For Bitcoin, we need the crypto leader to completely go outside the daily Ichimoku cloud and a re-test towards the $60,000 resistance barrier. A daily close above that price for May 12, 2021 is super bullish.
Meanwhile for XRP, nothing to worry about because it is locked and loaded in a very nice consolidation range setup that keeps on creating lower highs (LHs) and higher lows (HLs) over time reaching a pinnacle for a bullish breakout. Nobody wants a bearish breakdown and all my TAs including other positive outlooks get nullified!
Watch the full video explanation here:
Like I always say in my twitter and previous TA reports, it does not matter if we are wrong or right at least we keep on doing lots of try-hard TAs, creating speculations to make wiser trading and investing decisions in the crypto markets!
Always remember to read my disclaimer above. Again and again.
I hope that you have enjoyed reading my article for today. I am confident that I have delivered today's technical missions.
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Thanks a lot for continued support!
God bless you all my fellow XRP loves. I will continue my work.
God speed! Bon voyage...
