I think things have changed and it is time for me to recognize that before it is too late. I think that the Dec 11th run through Jan 3rd Run was the left handle. I believe we are now at the bottom base of the left 1/2 of the cup having formed... and the right side is now coming into the picture... being formed and going up. Remember what goes through a green...
Thr trend on the one day chart says it is going up. The MACD has touched... ASIA is waking up! Tax refunds will be spent on crypto... News from many sources are now positive! Many of the best TA writers (PROS) are on both sides of the fence and drawing 2 scenarios each. I remember a TA in January that said buy around .66 cents support to .75 (and I ignored it...
It is still within the TREND LINES going down. The 1 DAY CHART is not above support and that is pointing downward. The MACD has not yet touched. On the 3 Day Chart - The PRICE HAS NOT MET with the LOWER BOLLINGER BAND currently @ POSITIVE (.03353) The RED ICHIMOKU CLOUD is under .23 and I believe XRP will touch or nearly almost touch and quickly bounce going...
3 Day chart, Lower Bollinger Band is @ - .02620 (NEGATIVE STILL.) And, has not met with the price currently (a long way to go.) I know that this is a laggard indicator, however... it still moves in real time like all other indicastors and is the best proof of our current dilemma. BEARISH SCENARIO. We will see it drop quickly then bounce between now and February...
Instructions for verification below: This is still a BEARISH MARKET based on 3 Day Chart of XRP... Until the lower Bollinger band meets the XRP PRICE at THAT TIME... I am bearish... @Crypto_Sid, Exactly. Sid with all due respect. You could go to BITSTAMP.NET and see for yourself. This is the exchange that I use. The oldest cryptocurrency exchange... You do not...
This is the weekly chart. For a better look for yourself... select: Ichimoku clouds... Bollinger bands... and 3 day chart! Notice then, there is no obstruction (no clouds) between now and then. Currently, the lowest Fibonacci is at .36125 today alone! This chart that you are seeing shows that we could be inside the triangle until Feb 12th on the weekly. Good...
Look at this chart... I created... MA (5) is pushing upward - coin going upward! XRP. To get a better picture of what has been happening... click on: www.tradingview.com To look at the whole chart left click in an area and use the mouse scroll (in and out). You can also hold the left mouse button and drag to where you want.
This is the current extension of previous charts. The base is so far down from where we are now that it cannot be shown on trading view. What you can see is the MA (5), the MA (8) and the MA (13) The shortest indicator being the (5 Day) MA - is reversing. This is an indicator of the reversal - going up now of XRP. May the fortunes be with you all! Happy Trading.
Chart overlay is set and explains it all.
Cleaned the chart up. Explanation still stands as HOLD XRP! Because of the upward parabolic signal lines - not wavering.
10pm Update - Parabolic signal (straight up) not wavering!
Sorry for multiple post of this chart. This is my most updated XRP CHART.
THE CHART DOES HONESTLY SAY IT ALL! Parabolic blue line running practically "straight up" at Future Block 18 "unlike"The blue line that started and completed a downward turn "On Block 18 (In the past)" BE CAREFUL WHERE YOU "BUY" AND "SELL!" THIS IS CURRENTLY A PARABOLIC COIN! THERE WILL BE EXTREME VOLATILITY!
This is my latest updated Chart! Shorting now till .51888