Looking at whole crypto market and trying to make some money out of my longs, this is the only graph that makes sense to me. XRPBTC is accumulating for quite sometime and everyone is waiting for a breakout. Bearish momentum is not that strong comparing to other cryptos and falling wedge means its getting weaker and weaker. Maybe the breakout is not in yet but ratio should go upwards at least to 10k-11k levels from here.
Thanks for following.
Trade closed manually
⋅
Let's wait for everything to settle down. It's not logical to trade in this market. Trade closed with loss.