My first post anywhere related to trading as I'm really here to learn but I have been following this chart for the last day on the 4hr and 1hr time-frames to see which way it will break. Triangular patter was drawn in the wee hours before the break. Stoch-RSI, RSI and CCI all show overbought on the day frame so very likely to have some strength on the way down. The last two bars have both closed and opened lower after breaking the trendline so could be a good short down to the 0.618 or 0.5 Fib line.
Btw I bought in Ripple at 0.17 and my plan is to buy back after this move bottoms out and signals upward again. Would appreciate any thoughts on this.
Btw I bought in Ripple at 0.17 and my plan is to buy back after this move bottoms out and signals upward again. Would appreciate any thoughts on this.