No , no moving averages, no or indicators on this one. Just a plain good old map.
Even if we are in the neutral zone, my own personal *gut feeling* sentiment is a biais. But you better be prepared for anything the market can throw at you
The purpose of this map is to refresh your memory of recent actions, to take a step back and net get caught up with emotions of short term candles, to see where we are, so you can buy and sell accordingly. Just come back frequently to monitor where we are, and reduce exposure/add more accordingly to how close we are to
Will update until we have another potential reversal point/zone
I'm expecting some slightly more upside, and then a drop to the lower region, around 0.82$ and support of the deep blue losange. From there, we could see a major rally upward. Below 0.67$ is invalidation level (meaning more down)
Our buy levels are finally coming, after a week of waiting
0.82$ and anything below still
XRP mimic'ing BTC (I suggest to look at my analysis) with slight variations due to xrpbtc moving in range, accumulating for it's next move
We might continue to trade in range for a while, hitting the upward yellow box first. Still confident for a down to the downward yellow box in the near future. I continue aggressively accumulating swingtrades on dumps as per said on last analysis. I will unload either as soon as we touch the resistance, to get ready for the drop, or after the drop on the rebound.
xrpbtc first target 0.0001 btc, second at 0.00012
Any touch of 0.00008, and I will put a sell order at 0.00009 and wait for much lower levels
Chances to revisit 0.85$ (both from above and below) are very high, for scalpers
xrp usd still holding above support with a perfect landing, waiting for BTC's approval to keep going up
However, please refer to my xrpbtc idea to know if I'm buying XRPs or BTC for optimized swings. I only took some scalps on xrpbtc because xrpbtc is still in downtrend (means it will bleed more and recover less than bitcoin) with very minor signs of reversal (too little to invest)
XRP moving nicely below the bearish biais. Wait for either an horizontal consolidation or a furious breakdown back into the previous purple downward channel to buy & hold