I'm comparing the current XRP cycle with the previous one to better estimate the timing of a potential bottom.
Back in the previous cycle, XRP first broke below a major support level and entered a prolonged correction phase.
What happened next? 👀
🔹 Price consolidated for more than 112 days 🔹 RSI spent an extended period below the 30 oversold level 🔹 Momentum gradually stabilized while sellers exhausted themselves
The real bullish signal only came later:
✅ RSI turned back higher from oversold territory ✅ Price broke above the falling red channel ✅ A new bullish phase started
Now, a very similar structure is developing.
Once again:
🔹 Price has broken below a major low 🔹 XRP is trading within a falling channel 🔹 RSI is diving below the 30 level
If the historical pattern continues to play out, we could see a prolonged consolidation phase lasting around 112 days before the bulls are ready to take control.
For now, the focus is not on predicting the exact bottom price.
The focus is on watching for the same sequence of events that marked the previous cycle bottom:
📌 RSI recovering from oversold conditions 📌 A breakout above the falling red channel 📌 Confirmation that bullish momentum is returning
Until then, patience remains key. ⏳
Will XRP follow the same roadmap once again? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
I called this area the "perfect intersection" for a reason.
$BTC is now reacting around a level where everything lines up: - the lower blue trendline - the 90,000 round number - a clear demand zone - and prior structure acting as support
When multiple factors meet at one place, I pay attention.
As long as #BTC respects this zone, the path remains open for another push higher. If buyers step in here and defend it, I’ll be looking for continuation rather than guessing tops.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
Bitcoin just delivered a classic manipulation move into the higher-timeframe demand zone❗️ The sharp sell-off below structure flushed late longs and triggered stops, only to be quickly reclaimed.
That’s not weakness. That’s intent.
📉📈From a structural perspective, this demand zone has already proven itself before. Price reacted strongly from it in the past, and once again, buyers stepped in aggressively after the sweep. This suggests the downside move was more about liquidity than genuine trend reversal.
⁉️Now comes the key question.
⚔️As long as BTC holds above this demand and continues to build acceptance, the focus shifts to a recovery move back into the prior structure and supply zone above. That area will be the real test, whether this bounce is just a correction, or the start of a larger continuation.
For now, patience is key. Let price show its hand near demand before committing.
Is this the reset before the next leg higher, or just a temporary relief bounce? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
Most traders spend their time hunting for the perfect level.✖️ Support. Resistance. Demand. Supply.
They draw the zone… and assume price must react.
But professionals know something crucial:
The level itself is not the edge. The reaction is.
Here’s why.
1️⃣ Levels Are Common Knowledge
Everyone sees the same support. Everyone sees the same resistance.
If levels alone were enough, everyone would be profitable.
A level is just a location.📍 It doesn’t tell you who is in control.
2️⃣The Reaction Reveals Intent
What matters is how price behaves at the level.
Ask yourself: - Does price reject immediately or hesitate? - Are candles impulsive or overlapping? - Does price leave the level with strength or drift away slowly?
A strong reaction tells you: ➡️ One side stepped in aggressively.
A weak reaction tells you: ➡️ The level exists… but conviction doesn’t.
3️⃣ Clean Rejections Beat Perfect Levels
A slightly imperfect level with a violent reaction is far more valuable than a textbook level with no follow-through.
📦 $XRP has been holding well above its key support zone, and as long as this level continues to act as a floor, we will be looking for long setups. Buyers have defended this zone multiple times, making it a critical area for a potential bullish reaction.
🏹However, for the bulls to fully take over, #XRP needs more than just a bounce. A confirmed break above the falling channel and the last major high in red is needed to shift the momentum and open the door for a larger bullish leg.
Until then, the plan remains simple: Support holds → look for longs. Structure breaks → bulls take control.
Will XRP finally break free from this falling channel? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr
Most traders spend years perfecting chart patterns, indicators, and entries… Yet only a handful ever master the real skill that separates professionals from the rest, the art of waiting.
📉 Anyone can draw support and resistance. 📈 But not everyone can wait for price to reach them.
The market rewards patience, not predictions. It’s not about catching every move, it’s about being ready when your setup aligns perfectly. That’s when you strike. That’s when probability works for you, not against you.
Think of trading like fishing 🎣: You don’t chase the fish, you position your line where it’s most likely to bite, then you wait.
So next time you feel the urge to jump in early, remind yourself: You’re not just a trader. You’re a waiter, paid in precision and patience.
📚 Key takeaway: Great traders don’t predict, they prepare. They let the market move first, then respond with clarity.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
All Strategies Are Good; If Managed Properly! ~Richard Nasr
Bitcoin has been in a steep correction for weeks, sliding inside a clear falling channel. Despite the heavy sell-off, price is now approaching one of the strongest confluence zones on the entire chart, a triple intersection.
This key level combines: 1- The major weekly bullish trendline 2- The horizontal support between $85,000–$90,000 3- And the lower boundary of the falling corrective channel
This kind of alignment doesn’t happen often. It’s the area where long-term bulls typically show up.
As long as BTC holds above $85,000–$90,000, the macro bullish structure remains intact. A strong reaction here could trigger a reversal and kick off the next impulsive wave upward. However, if this triple confluence fails, the market may face a deeper correction before stabilising.
We’re standing at a decisive moment… will this zone ignite the next bullish leg or break down into another wave of fear? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly! ~Richard Nasr.
The eternal question in crypto, does Bitcoin lead USDT.D, or does USDT.D dictate Bitcoin’s moves?
At the moment, both charts are approaching critical inflection points.
$BTC is retesting the $90,000 support, while USDT.D is nearing the 6.4% resistance.
As long as #BTC holds above $90K and/or USDT.D remains capped below 6.4%, the bulls can still take over, paving the way for another impulsive rally across the crypto market.
But if these levels break… we may be in for a deeper correction before the next leg up.
So, who will make the first move? 🧩
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly! ~Richard Nasr