Resume from my last publications and updated the trendlines. Closed the short from 0.94 around 0.85 and added some buys, I think we're still in a bull run so I don't want to short too many times. This is a nice 10% bounce, I would like this to be another big low, but and H&S can form here and we could see Daily 200 MA around 0.7 next week.
- Should not go below the 200 daily MA around 0.7, if it happens, 0.5 on the sight - RSI bullish divergence on the daily and H1 for BTC and XRP - Kinda similar to what happened end December/early Jan for XRP
TP1: 1.4-1.6 TP2: 3 TP3: 9 TP4: Sale-off EOY
I can be 100% wrong but lets give it a try. Good luck
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A little triangle is formed and is probably about to break upside. This should bring us to 0.90 easily, the next resistance. Then to 1 if the bullish momentum continues. These 2 areas can be a problem if bulls got struggle to pass through. Cheers.
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And... it's broke.
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Sick moves since 4-5 hours. We reached the first waypoint at 0.9, if it can pass through it, we may be able to chill for at least one week B)
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Got rejected from 0.93, if we go below 0.85/6, maybe more downside moves are coming
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0.5 retrace. If no big downside move the next days. I'll be more confident on this trade.
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0.81 seems to hold since the 30 May. We're inside a triangle, ending in 2-3 days, dunno if its up or down ?