BorrowedClothes
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BorrowedClothes
XRPUSD testing monthly 20EMA support
Critical area for XRP bulls. If the Monthly 20EMA holds (overlayed on this 4H chart) we could see price retrace to the high 2.20s/low 2.30s to test the resistance at the Monthly 10EMA. Needless to say that the RSI is oversold on multiple time frames but with the algorithm set to "sell off" the RSI has become useless for now. As always, on a play like this, tight SL and sniper entries.
BorrowedClothes
BTC hitting the Monthly 20EMA support
BTC has touched the Monthly 20EMA (overlayed on this 4H chart) on a huge sell off, should make a strong bounce here or it's off to the pits of hell going into December.
BorrowedClothes
Honestly i hate trading this pair. So many ridiculous highs and lows. But right now the PA is bouncing off the daily 50ema. That's it.
BorrowedClothes
Never doubt the power of TSLA. Recently broke out of a huge pennant, and now nearing the end of another pennant while simultaneously holding support above the daily 20EMA(overlayed on this weekly chart). Also recently found support off of the monthly 20EMA (overlayed on this weekly chart) and took 2 direct hits on the monthly 50EMA (overlayed on this weekly chart) before that and rallied up. It will take a lot to crush this setup but anything can happen. Possibly a longer pennant formation. I'm just a cat not a financial advisor.TSLA crushed after reporting earnings, testing the daily 200ema and the bottom of the pennant right now. Finding support here is critical or the bears will be aroused.
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