Which way?
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!
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!
Comment:
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
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
Trade closed: stop reached
Trade active:
Still bearish
Bitcoin just dumped and triggered a trend changer. Bitcoin dumps = XRP dumps