btw, Nov. 13 2017, was a Monday too, and that's when the bullrun started...
bluwhale85
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we mooning sir ?
Wolverinos
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@bluwhale85, Never sure of-course... don't have to go all in... but if it's a first buy... it could be a potential long, as it is back to a big support line... and end of pennants (triangles) are always interesting... in crypto, triangles are a most important and simple tool... The only way this could go down, is if the long yellow triangle is actually a bear-flag as some pros interprete... but the pole of the flag, which starts from the top of 19800 till 6800 on Febr 5, doesn't quite looks like a pole to me... and the flag is really too long... of-course there could always be major panic if we break below 6000... but for some reason it always hangs there... like there is some hardcore or people with btc untouched ... I'm not sure of-course, but all altcoins made already a total wipeout... like Ethereum, Ripple, Litecoin... all of them are back to the means... This always signifies something.. like a prediction you could say... Anyway, to me it's partly a buy opportunity, and check where it goes from here... if it breaks out of the triangle... that should be another buy... I bet on Ripple btw !
bluwhale85
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@Wolverinos, wow well yeah xrp is a big buying opportunity now. what would be the price level where you would close your long ?
Wolverinos
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@bluwhale85, no idea, but the BTC chart is the most convincing... look where the top of XRP ended exactly at the previous top... check my last XRP chart ! Something like that I guess.. at least the previous bullrun... as XRP is much more accessible now, as everything actually... it's gonna be the big people making the game now... XRP can even be traded at 100x leverage you know... and XRP was already volatile.. this is gonna be insane now.. possibly 10-14 usd for 1 XRP I guess.. about closing.. it's actually simple, but difficult to do as you're gonna be too emotional... just watch the graph... time is the most important factor.. but Ripple... 1 big sell off... and a 2nd big pump... and .. OUT !
bluwhale85
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@Wolverinos, im not much into XRP, besides hodling can you tell me more about your ideaa please.