BITFINEX:XRPBTC   XRP / Bitcoin
based on ADX the market is going sideways, but in the next few days i will face a resistance level if the market brock up the resistance it will go up to 0.000115 btc , and if it didn't brack it, then this is a high risk and its falling to 0.000051 btc .
recommend buying 0.000079,
stop loss on 0.0000742
target #1: 0.0000968
target #2: 0.000116
Just why would you buy a downtrend? At least wait to see a certain momentum on the bounce. Buy the trend, not the downtrend.
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jaber318 ssg_1977
@ssg_1977, your right
but on SAR indicator the market started to move upward, and the fib level 0.382 is strong, and it tested it many times and it didn't fall below it
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ssg_1977 jaber318
@jaber318, Alright, just be careful. Acording to my analysis, xrp/btc follows btc/usd. Im keeping the short on that pair because i see a xabcd pattern ending in d at 6800usd. thats a 12-14 % fall from present level.
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jaber318 ssg_1977
@ssg_1977, could you share your analysis.
away from analysis, i wish that the btc price go back to 20k$
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ssg_1977 jaber318
@jaber318, This is not a wishing game, if you wish something you trade on your emotions, if you trade on your emotions you cant make an analysis that is neutral towards bulls and bears alike. I published it here so you can check it out
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ssg_1977 ssg_1977
@ssg_1977, I didnt mean that to sound harsh, but its just an observation. hope you get something out of my idea.
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jaber318 ssg_1977
@ssg_1977, it's okay what you said is right no emotion ins trading, but it was a wish and but on trading, i use chart not wishes.
and your analysis is quite good and i understand your point, and my analysis shows that there is downtrend is happening now days
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ssg_1977 jaber318
@jaber318, Here it is as a link. didnt take a look at yours yet.
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jaber318 ssg_1977
@ssg_1977, Thank you, i will keep my eyes on your idea and check it up
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