☄️The chart speaks for itself for the most part and to make things pretty simple, we're basically at this XRP decisive point following that move above our decisive channel. In yesterday's Idea I noted that whichever way we moved with the decisive point would determine our next rend and move. And that's just about what's happened so far, we broke above that decision channel and basically rallied ourselves back up to our Main Wedge bottom by which we'll see what the next movement/direction could be.
☄️We've already had two rejections whilst trying to break that bottom line and should we not find any support or fall below 0.3480 which seems to be our current resistance which is understandable. Main thing right now is to watch price action relative to those price actions and our Main Wedge. Should we fail to break this we can definitely expect another move down by which then you'll want to pay mind to our past price action, mainly the support points. Also watch out for those 20/50 EMA's and the EMA's in general on the lower time frames.
☄️Thanks for tuning in as always, simply providing what I see and giving you things as I see them. If you'd like to leave a like or follow it'd be much appreciated, thank you!
~ Rock '
☄️We've already had two rejections whilst trying to break that bottom line and should we not find any support or fall below 0.3480 which seems to be our current resistance which is understandable. Main thing right now is to watch price action relative to those price actions and our Main Wedge. Should we fail to break this we can definitely expect another move down by which then you'll want to pay mind to our past price action, mainly the support points. Also watch out for those 20/50 EMA's and the EMA's in general on the lower time frames.
☄️Thanks for tuning in as always, simply providing what I see and giving you things as I see them. If you'd like to leave a like or follow it'd be much appreciated, thank you!
~ Rock '
