Keep a keen eye on the S2 support / pivot line as it is the most quintessentially key figure and factor needed for analysts to definitely make a determining factor in whether or not this bull run will finally ensue as many HODLers grow impatient with XRPUSD rumored to breakout from many others for well over a week now.
So you can imagine how they reacted when BTCUSD increases 27% in under 7 days yet XRPUSD has remained sideways and unimpressive/undeterred up until now.
Indicators are revealing that this may be that looming break out that they have been anxiously awaiting confirmation on.
Will update later to include stops & tp1-2 & possibly 3 as well contingent on how market outlook will be for the next 4-6 hours as prime time trading hours are now in full effect over on the Asia markets.
So you can imagine how they reacted when BTCUSD increases 27% in under 7 days yet XRPUSD has remained sideways and unimpressive/undeterred up until now.
Indicators are revealing that this may be that looming break out that they have been anxiously awaiting confirmation on.
- For this reason I believe crossing the highlighted pivotal line will be evident in determining the priceaction for XRP for the duration of the week to follow.
Will update later to include stops & tp1-2 & possibly 3 as well contingent on how market outlook will be for the next 4-6 hours as prime time trading hours are now in full effect over on the Asia markets.
- Set alerts and trade cautiously!
Trade active:
With a bit of help from the bulls we shattered the S2/Pivot line and are all clear for pending parabolic movement.
REMEMBER to read disclaimers!
Just because I’m astonishingly accurate does not make me God. I have been wrong many atimes and that’s what is leading me to be right now.
Do not misinterpret my confidence for cockiness. I would not be so brash if I was not so certain but then again this is not financial advice so do not take it.
Believe me there will be many times there will be clear and distinct lack of certainty on my part and when you start to witness that my honesty that’s when I’ll tone down the bravado in my rhetoric.
I am not one of those pompous douches who thinks he’s always right; I just happen to be on a roll these past few weeks and I’m having fun with it.
Hence the need for a disclaimer and the need for you guys to understand my personality/demeanor and how i usually conduct myself; though usually just as talkative, amiable, and an avid conversationalist...I always try to exercise humility and never let my readers forget that I put thousands of hours of the following to be able to project such figures within such time frames in a market with such volatility!
I owe it all to:
With a bit of help from the bulls we shattered the S2/Pivot line and are all clear for pending parabolic movement.
- Targets 1 & 2 + stop loss established in charting above
REMEMBER to read disclaimers!
Just because I’m astonishingly accurate does not make me God. I have been wrong many atimes and that’s what is leading me to be right now.
Do not misinterpret my confidence for cockiness. I would not be so brash if I was not so certain but then again this is not financial advice so do not take it.
Believe me there will be many times there will be clear and distinct lack of certainty on my part and when you start to witness that my honesty that’s when I’ll tone down the bravado in my rhetoric.
I am not one of those pompous douches who thinks he’s always right; I just happen to be on a roll these past few weeks and I’m having fun with it.
Hence the need for a disclaimer and the need for you guys to understand my personality/demeanor and how i usually conduct myself; though usually just as talkative, amiable, and an avid conversationalist...I always try to exercise humility and never let my readers forget that I put thousands of hours of the following to be able to project such figures within such time frames in a market with such volatility!
I owe it all to:
- Trial & Error.
- Experience.
- Practice, practice && more practice!
