I'm anticipating XRPUSD to go up only for a brief stint before falling while BTCUSD continues going up. This can be seen with the Blue LSMA in the 2-Day and the White Energy in the Weekly and 9-Day time frames in the video.
XRP MULTI-CHART:
Comment
⋅
If XRPUSDT goes up WHILE BTCUSD remains the same, we can expect XRPBTC to go up with XRPUSDT in similar percentage as XRPUSDT (Depending if BTCUSD remained 0.0% - No gain or loss).
If you are already in Bitcoin, there is no need to be alarmed in my opinion.
XRPUSD (Top); XRPBTC (Middle); BTCUSD (Bottom).
This current move for all pairs may continue until the 2-Day Candle beginning October 8th or October 10th. If the White Energy in the 2-Day TF for BTCUSD manages to come down and make contact with the 50% level on the 2-Day Candle beginning October 8th, 10th or 12th, we can anticipate a period of downward pressure for at least two 2-Day Candles from the time the White Energy makes contact with the 50% level. It's possible for XRPBTC to either remain flat or rise during the time BTCUSD goes down. Of course, this depends on whether XRPUSDT goes up, down or remains flat while BTCUSD goes down.
Correct, when BTCUSD bottoms out on this current move down, HISTORICALLY, it's better to get out of XRP and get into BTC. I have not looked at EOS. EOS does not have as much history as XRP. And yes, when BTCUSD is at or near its top, it's time to transfer your BTC back into XRP; which should then be at a lower value of BTC. Meaning, you should be able to buy more XRP than what you previously sold when getting into BTC.
Gaengphed
⋅
@ProwdClown, Going to try this! Thanks for this information, highly appreciated.
Wow, this is probably one of the best videos I have seen on tradingview! At what price range are you expecting BTC to bottom out? Thanks for the video!
WyckoffMode
⋅
@miltonaddai,
Not this video; but the previous BTCUSD video is my most recent TA for Bitcoin. Be sure to checkout the comments section of that video.