Just a 4H insight to the last idea, we've sold off during a small BTC dump but bulls have managed to hold us above $0.30 which is also the midline of our channel. 4H candle was bought back up into the $0.31 region highlighted but still in the channel. We now have a new bullish 4H candle breaking out of the channel but still within the box, I'm confident a close in or preferably above this box (on the daily - see previous idea) will bring a new wave of highly bullish momentum in XRP/USD. Please share a like, so far every idea published has been met, if I can grow my following enough I will start making videos soon and also putting more time into presentation of charts.
Please also note XRP still respects BTC movement to a degree, these moves may most probably be invalidated if BTC decides to dump.
Please also note XRP still respects BTC movement to a degree, these moves may most probably be invalidated if BTC decides to dump.
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Currently being kept out of that zone I warned about, waiting to see how the next few candles go, BTC is also pulling back at the moment which doesn't help! Im sure this zone will be breached soon.
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Bearish BTC action has completely destroyed XRP, I have closed out longs and will be looking to re-enter in the green zone below the current candle. Long term I am still very bullish on XRP.
Trade closed: stop reached