Hello my dear Ripple traders, hope you're doing well guys.
Ripple gets dragged down by grandpa Bitcoin, we can see this on the relative strength: Even though Bitcoin completely dumped, we didn't dump as hard with Ripple, and are right now almost at the break out zone of the equilibrium again. Actually live happening right now as I'm editing right now: we are back in the equilibrium and breaking! Ripple is pumping guys!
But all eyes now on Bitcoin: If Bitcoin breaks the huge weekly equilibrium to the downside, Ripple will have no chance other than to follow, please be aware of that! Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. For short trading: Please be aware, that you can lose all your money on Bitfinex if Tether blows up one day/and or they just close, (respectively on Binance, if you're holding Tether there), as compared to Coinbase, who do not offer short trading, but who have at least an insurance up to 250k. Dollars as they state on their homepage.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Ripple gets dragged down by grandpa Bitcoin, we can see this on the relative strength: Even though Bitcoin completely dumped, we didn't dump as hard with Ripple, and are right now almost at the break out zone of the equilibrium again. Actually live happening right now as I'm editing right now: we are back in the equilibrium and breaking! Ripple is pumping guys!
But all eyes now on Bitcoin: If Bitcoin breaks the huge weekly equilibrium to the downside, Ripple will have no chance other than to follow, please be aware of that! Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. For short trading: Please be aware, that you can lose all your money on Bitfinex if Tether blows up one day/and or they just close, (respectively on Binance, if you're holding Tether there), as compared to Coinbase, who do not offer short trading, but who have at least an insurance up to 250k. Dollars as they state on their homepage.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Comment:
Just read a little bit: The pump could be due to the xRapid news
Comment:
5m equilibrium/bull flag just broke, more upside potential!
Comment:
Took profit -amazing ride of >10%, and perfect break of 5min bull flag btw! This is what we want to trade guys.
Comment:
Beware of the neckline!
Took partial profit already at 0.305 => Ripple is pumping guys, could be well due to news/whales.