Short: - Looks like BTC before the last dump - Daily and 3D Stoch. is falling - Energy lines are negative - currently at the top of the big channel
Long: - Daily RSI breakout has occured and now bouncing at the trendline
In my opinion, the probability of going short is higher. If Ripple goes short, BTC will do the same.
Have a nice one!
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Bitcoin just dumped and triggered a trend changer. Bitcoin dumps = XRP dumps
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2 months support has been broken and became resistance --> weakness, but there is still room to the absolute support line (white dotted) which must hold for a bullish moove. If the price mooves below the last wick i am going short
I have the same view on XRP, lets see. Check out my chart
sharl92
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I think you are wrong, we will see !
russec
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@sharl92, sure I can be wrong as it's a probability based game, but it doesn't matter that much because the more important thing is how to place your orders. I will trade the breakout no matter in which direction XRP will go. It's not about being right or wrong, it's about making money ^^