XRP continues its bearish down trend, however looks to be may moving in the pattern of a descending wedge (lower peaks on upper resistance, lower support on bottom of wedge, descending volume). Between .168-.162 XRP has a good amount of support, and also will be meeting up with a major upward trend. Look for reversal signals, before entering long, if you decide to...
The past few days have been rough for anyone holding XRP. The Swell conference, may have had a star studded list of speakers, but provided nothing but pain for those who held XRP through the conference. With that being said and the conference now being over, we are seeing XRP looking to break out of the bearish skid it has been in for the past few days (under red...
The ATS aims to pinpoit entry (blue bar) and exit points (white bar) for long and short positions for short day/intraday trades based on the convergence of important indicators with a pleasant and elegant system to simplify the AT technical terms and interpretation, all that math is done in the background for the trader. The system consists on entering in a...
Hi traders, I hope you all had a great week. As you can see Ripple is currently forming and almost finish with the descending triangle pattern its creating (we are currently in wave E). Just to keep things as simple as possible, Wave E has 3 waves (Wave a,b and c). We are done with wave a and currently forming b and c. Once we are done, then Ripple is expected...
Let's see how this one goes, I'd buy the handle breakout if we get such a thing.
Before the doji candle there was a full bullish candle without wigs. This is a REAL STRONG BULLISH SIGNAL in price action. There was a fake out doji after it. Price is doing nothing more then building a new Bullish Wedge. That is about to breakout to the upside. Ofcourse fundamental news from the Swell conference will help. Although you often hear Buy the rumour,...
The trend highlight a bit support under the price, the market pressure start to be long at higher timeframe and the short saturation level confirm that price can't go lower. The countdown to the moon is started
Ripple is different. Nevertheless, I believe that it is moving with the trend, maybe stronger than the others. In my opinion, Ripple is undervalued in comparison to the other top crypto currencies. |||||||||||||||||||| Stay tuned
The course is currently in a slight upward trend. It moves towards 0.236 Fibo and the often confirmed resistance at 0.208. It will show whether the course is strong enough to confirm the upward trend. If it is a sideways trade the next target is 0.167