XRPUSDT, AUDUSD & ETHUSDT market outlook for week 41
This is our mid week market outlook on XRPUSDT, AUDUSD & ETHUSDT.
XRPUSDT MID WEEK OUTLOOK
XRPUSDT WEEKLY TIMEFRAME
XRPUSDT on the weekly timeframe have making some series of higher highs and higher lows trying to fill the internal range liquidity and it have also been respecting zones.
XRPUSDT DAILY TIMEFRAME
XRPUSDT on the daily after it spike around July 2023, price came back to trade at the previous zone below the resistance it broke earlier. price have traded to the resistance severally and have recently touched it again.
XRPUSDT 4 HOURS TIMEFRAME
XRPUSDT on the 4 hours timeframe from our previous analysis last week we speculated that price might break the trend line and if it breaks it signals a change in trend which is a bullish move to the down side, after then we have seen price break and trade down confirming our overall bearish sentiment.
AUDUSD MID WEEK OUTLOOK
AUDUSD WEEKLY TIMEFRAME
AUDUSD on the weekly timeframe have been in a down trend making series of lower lows and lower highs. price on AUDUSD is currently in a major key level and as such we are expecting price to do its thing as we can only react to the price movement.
AUDUSD DAILY TIMEFRAME
AUDUSD on the daily timeframe still has a bearish sentiment. price has made double top at the resistance level and is trading at the support level but its finding it difficult to break the support although we might see price break the support and head downwards.
AUDUSD 4 HOURS TIMEFRAME
AUDUSD on the 4 hours timeframe has been trading at the support zone for a while and its finding it difficult to break it. price just pulled back to take out internal range liquidity and it traded along side with the trend line and currently price has broken the trend line and also trying to break the major support and if this happens we should expect price to take out our low at 0.62855 price level and after this we should expect price to trade down to the next support zone.
ETHUSDT MID WEEK OUTLOOK
ETHUSDT WEEKLY TIMEFRAME
ETHUSDT on the weekly timeframe has been on a down trend but temporary bullish which is a pull back to the up side after the massive drop in price as it went back to take out the internal range liquidity.
ETHUSDT DAILY TIMEFRAME
ETHUSDT on the daily timeframe is current trading from the resistance to the support level. but it seems to be currently trading in a range and a break of that range will take price down to the support level.
ETHUSDT 4 HOURS TIMEFRAME
ETHUSDT on the 4 hours timeframe has broken the previous swing low at 1563 price level, from our previous weekly analysis we are expecting price to start making its move down in series of of lower lows and lower highs to the next major support level.
OVERVIEW: This week price has been going in our direction making our analysis top notch as the three pairs has made and show us that price is on its way to the speculated direction.