Bluechipinvestments

XRP BreakDown Gap Up Sept 18 2018

Short
BINANCE:XRPBTC   XRP / Bitcoin
I have followed XRP for a long time, One of the indicators I use to forecast my trends is GAP UP / GAP DOWN. The downward pressure of the from the resistance line, and the Gap up from Sept 18th, 2018. Leads me to believe there will be further drop before the Big Break out. Looking at 5300 Shatoshi, will place trade once I see this happen.

***DISCLAIMER**This is not investing Advice or tax advice, please do your own research.
Comment:
With over a 10% drop I would stay firm in my prediction, Ripple XRP still has some correction downward ahead.
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Comment:
As I predicted XRP has continued the break down, filling past Gap Ups, with futher analysis it looks like we are going to the 4000shatoshi mark. I have entry points around 4200-4500. As we prepare for the next leg up, this time we will breach $5.00
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