HundredX Trading

CAN WE SEE XRP EXCEEDING $1.00 & GOING HIGHER? 📈️️️️️️ Yesterday, we witnessed a historical moment in crypto history. XRP won the case against SEC after a judge ruled out that XRP is not a security. XRP is one of the rarest cryptocurrencies that didn't reach an all-time high in the previous bull market (2021). The main reason for that was the fact that it was sued by the SEC and this was suppressing the price growth. As this case finally finished, WHAT'S THE POTENTIAL TARGET FOR XRP? If we look at the chart, we broke an important zone of resistance on a weekly timeframe at $0.60. Having said that, we don't have any major zone of resistance all the way up to the $1.55-1.75 zone. However, if we close back below $0.60 on a weekly timeframe, it will be a strong indication of weak bullish momentum and this scenario won't be active. To sum up, as long as we're above $0.60, we can target around $1.50 as the next potential major zone of resistance. OPEN YOUR BYBIT ACCOUNT & CLAIM $20 WELCOME GIFT 🎁

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BITCOIN - NEW BULLISH MOMENTUM CONFIRMED 📈 As we can see on the chart, BTC formed the new highest daily close this year and we're targeting $32 300 as our next zone of resistance. The pullback down to $31 150 is possible to retest the previous highest daily close before advancing higher. Invalidation of this momentum is daily close below $30 400.

XRP WON THE SEC CASE 🎉 The US judge ruled XRP is not a security. This caused XRP to spike more than 45% since the announcement. Technically, we're at an important weekly and monthly resistance. We were advising buying XRP at monthly support ($0.30) and the price is currently 130% from that price level. Currently, it's very risky for any predictions. Let's give it 24h for the hype to settle down so we can give more precise expectations.

BREAKING: 🇺🇸 US inflation falls to 3%, lower than expectations.

📰️️️️️️ THE MOST IMPORTANT NEWS FOR THIS WEEK 👀️️️️️️ On Wednesday, 12th July, at 14:30 CEST, we will get a new inflation data report. The current market expectations are that inflation will drop to 3.1%. The previous month the US CPI report came at 4.0% surprising expectations. This event is very important and we believe it will end the current market consolidation and that we will get a new trend in the market. We will be live from 14:00 and follow the price action during the US CPI report.

BITCOIN CONTINUES RANGING AROUND $30 000 👀 As we can see on the chart, BTC continues its consolidation above 0.236 Fibonacci level. Exactly 2 days ago, we had an attempt to break above range high at $31,400 but we didn't have enough bullish momentum. Even though we reached the zone of the buyside liquidity, we were not able to go higher toward the weekly resistance at $32,300. That's the reason we expect to see a test of the support and sellside liquidity below $29,500. On the move up, we left a lot of imbalance (FVG) and if we fail to form support in the zone around $29,500, we could get a very aggressive correction that could target Fibonacci levels mentioned on the chart.

With a total profit of $29 444 that we made to our investors, we're on a great trajectory to hit a $100 000 profit in July. For those who are not familiar with Bybit copy trading, that's an option that allows you to copy trade any master trade you choose. After you connect your account to the master trader's account, everything else after that is automated. The trades we take will be automatically taken on your account as well. However, there will be times when it won't happen because of liquidity reasons. You need to understand that trading is a process in which we buy from someone and sell to someone. There will be times when there won't be enough volume on the other side so trade won't be opened for all our followers but this happens less than 20% of the time. You have full control 24/7. You can stop copy trading anytime. You can add more funds, take part out, whatever you want, you can do. If you want to copy trade Milos, here are 4 simple steps you need to take: 1) Open an account on Bybit if you don't have one yet. You can use our affiliate link to receive a deposit bonus of up to $30 000: https://partner.bybit.com/b/HUNDREDX 2) Verify your account and deposit funds using your credit card or via crypto deposit from any other crypto exchange, or wallet... 3) Visit this link that will lead you to Milos's copy trading account: https://www.bybit.com/copyTrade/trade-center/detail?leaderMark=2dNhHunz8SEjlKa0RPfmBQ%3D%3D 4) Click on COPY, type in the sum you want to use for copy trading, leave everything else empty and click on CONFIRM. That's it, can't be more simple 🔥️️️️️️ Happy COPY TRADING 🚀️️️️️️

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BITCOIN - CAN WE GO ABOVE $31 400? Exactly 12 days ago, we reached the price of $31 430 and formed an important swing high in that area. We tried a few times to go above that area but we failed (for now). The price of Bitcoin is approaching a weekly low at $30 570 and that's a very important area of interest for us. If we find support in that area, we will be targeting the liquidity above $31 400 one more time with a chance of spiking to a weekly resistance at $32 300.

BITCOIN - WHAT'S THE NEXT TARGET? Last week brought us from $26 500 all the way up above $30 000 and we're still there. The price action is definitely more bullish than bearish considering that we're still above 0.236 Fibonacci level. We tried a few times to go below but $30 000 is holding pretty strong. Our main target is $32 300. If we lose the blue area (inside bar) around $30 000 as support, we might change our opinion and target more aggressive correction.

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What's your target for Bitcoin? anonymous poll $32 300 + ▫️ 0% $27 500 ▫️ 0% Who knows... 🙃 ▫️ 0% 👥 Nobody voted so far.

BITCOIN - WHAT'S THE NEXT TARGET? Looking at the market after the weekly close, we're looking more bullish than bearish. However, this doesn't mean we should ignore the potential bearish scenario. We need confirmation of the bullish market momentum. In this case, it would be a pullback below $26 000 that would fill the imbalance we left on the move up and test the Fibonacci zone between 0.5 and 0.618. That's the scenario we want to see to open long positions on Bitcoin. Today is a US bank holiday and markets are acting like it's weekend. We expect more market activity from tomorrow.

ETHEREUM - CAN WE GO BACK TO $2000? As we can see on the chart, we reached an important zone of sellside liquidity below $1680. On that move down, we also tested the 0.618 Fibonacci level that acted as a support. From the current point of view, we reached bearish targets and we can see a market recovery next few days (possibly weeks). A Retest of the support level is what we would like to see. It should give us more information about the market strength. We're interested to open a long position in that zone that will target $1850. It's not impossible that we see one more test of weekly resistance between $1935 and $2030 in the next few weeks.

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BITCOIN - hit daily support 🎯 As we can see, one more time our forecast was right and we saw market correction. It's time to observe the market and see what will be the next zone we'll be targeting.

BREAKING: Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.00%.

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BITCOIN - bearish momentum is getting stronger 📉️️️️️️ The support we have between $25 250 and $25 800 is not acting as we were expecting. Initially, we got explosive bounce up once Binance FUD started but the entire move up got faded away and we're back at the support again. We closed below $26 700 resulting in another lower low on the weekly timeframe. We also closed below MA 200 an important support we had on a weekly timeframe. Our target zone is the previous weekly close ($23 500 - 24 300) that perfectly aligns with the 0.618 Fibonacci retracement level ($23 900)