The big question now is: more down for XRP ?
A few weeks ago we had a very similar situation. More or less same drop. See my chart.
Differences: MACD higher ! And volume is higher .
There is much more support this time. And it may hold much more than in the past.
They have to reset parameters if they want to do a push higher later. We'll see step by step
A few weeks ago we had a very similar situation. More or less same drop. See my chart.
Differences: MACD higher ! And volume is higher .
There is much more support this time. And it may hold much more than in the past.
They have to reset parameters if they want to do a push higher later. We'll see step by step
Comment:
there is a divergence on low timeframe
Comment:
All seems in a good way
Comment:
But be care, the support will probably be tested again ! It's not a "buy signal". Situation is not clear
Comment:
Situation looks better ! 4h chart
Trade active:
The dip of the truth. If the support hold, time to buy :) All is ready for a bounce up.
They can make a bear trap too.
They can make a bear trap too.
Comment:
I bought at the green arrow. All seems in a good way. Follow my next idea now
Comment:
This idea was good, this is the proof
Enjoy !