we broke trendline because of BTC correction, let's see if we can close above the trendline, then a bullish scenario retesting resistance is more likely.
bullish:
TP1: resistance @ .26
TP2: 50% fib @ .28
bearish:
TP1: yearly open @ .22
TP2: monthly demand @ .20
TP3: support @ .19
Just my 2 cents about the situation on RIPPLE vs SEC and our big bad bearish boys and girls
Big bears trying to dump the prise further while using the SEC news. The news are still huge, but we have some reasons to dont panic, at least as a longterm holder.
In my chart you can see the yearly open and the wick. its around .19$ and still in play, if we hold this...
Have a closer look and keep it simple.
4H RSI: Overbought
Accumulation: Divergence | still more buyers > November
Weekly Demand: Under pressure - maybe a bear trap
Monthly Demand: Hit due to selling pressure
my 2 cents:
BTC: The time your barber talks about BTC is back again - it went hurrican. Looking for a reversal the next days/weeks to let...
Hello again!
At first: don't trust me - It's your money - Your decisions
Let's have a look on the weekly timeframe:
Overall i'm very bullish on XRP for the next couple of weeks, but there is a bearish gravestone on the weekly. We saw a nice bull run on the daily without clean retracements, so it's likely that the gravestone pays out and we see some pullback....
Hello everyone! It's my first published Idea. Comments welcome!
As you can see in my chart there is a another triangle pattern in the smaller picture. I see a breakout after some accumulation in the 1H timeframe.
> buy @ 1H timeframe
> or go long after resistance .318
Set S/L @ .303
Next Targets:
.32 - .33
.34 - .35
.36 - .37
