On the last idea I had written: Ripple looks wedgy: breakout is coming. => This is exactly what happened. And now, Ripple is in a bull flag similar to grandpa Bitocin, the break of which could see some nice upward potential. 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. Beware of fake-outs! 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.
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Hey guys, just wanted to give a quick update: We're still upholding the bull flag range: Ripple didn't dump as grandpa Bitcoin. And we will see a break coming of the equilibrium range, depending on what grandpa does.
That you I always learn something form you, Saludos desde Mexico amigo =) I love Munich its a fantastic city
Edgy_
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@FernandoMocer, Haha, thx for watching amigo! ;) yess, indeed very nice city. Glad that you learn something.
Jaddin1953
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How/why does grandpa affect Ripple?
Edgy_
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@Jaddin1953, Not just Ripple. All of the Altcoins have a huge correlation to grandpa Bitcoin. Bitcoin is still the King, and gives the direction. This is e.g. also why Ethereum couldn't break higher yesterday: Bitcoin hadn't broken out yet.
hrkhaledi
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thanks for the useful tips and I really liked your chill attitude. please keep doing such short videos Jack