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berryfarmer
Aug 6, 2018 6:25 PM

$XRP Triangles Placed in your Mind - Short Trip Down 

XRP / DollarBitfinex

Description

Not a good idea to short this one, in my opinion

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$0.36 bottom

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Ouchies

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Didn't expect the drawdown to be this violent

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wow..

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Are you not entertained?

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Comments
bdfulker2
Well before we go any lower we have to break the support that hasn't been breached since May 17, 2017 at 40 cents if that breaks we are likely to fall to about 37 cents as it is our next main support level which happens to also be a long term upward trendline from march 2017. So everytime in the past when we hit this line we have serious price appreciation after. So lets hope history repeats. A short drop to 37 cents then boom to the moon
bdfulker2
berryfarmer
@bdfulker2, sorry but this chart is trash. Put it on Log scale and zoom in a bit
bdfulker2
@berryfarmer, Here is the Zoom-in of todays movement. But I use both charts, as I have found out recently that there are many people trading on linear as well.
Sabibaby
low is good for a pump coin.
InvestingScope
Excellent chart. Based on the successive Lower Highs, at least 0.35277 is expected on the short term:

berryfarmer
@InvestingScope, maybe youre right but im not feelin it

berryfarmer
@InvestingScope, wow right on
guystyles
3k sats
jacobit
agreed @ 0.365
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