BTCUSDT and XRPUSDT Technical Analysis

Fibonacci-Signals Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT has already broken two major Resistances on the 4H and 1D . After 4 rejections at the Resistance on the 4H finally it broke above it and has been going up since then. The candles pattern also is showing a pure uptrend for the last 6 days on the Daily time frame .

On the 4H time frame the price has formed a Triangle. We might have a shallow Pullback after the price getting out of the Triangle but what I expect is to go higher to hit 43031.0
Buy now or Buy at 37339.1

SL @ 34119.0

TP1 @ 43031.0
TP2 @ 47578.0
TP3 @ 51555.2

XRPUSDT also has formed a Triangle on 4H and daily time frames. We need to wait until it gets out of the Triangle and then based on the Candlestick patterns on the lower time frames look for any potential entry in the direction of the market.

Happy Trading :)

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BTCUSDT update 1 Hour Time Frame


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