I see your trading range is broken down. How did you explain this?
It is hard to make conclusions right now. Ripple can broke down next time daily EMA200. It already broke it on a daily chart, but current candle probably will close above it.
Support at 0.85 was broken, ripple go lower and lower. I don't think it can reverse soon. But I may wrong however.
xenn666xl
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@nixel, Sorry being sarcastic here, why you believed in this man??? Yes in the bullish trend market his prediction may 70% accurate.
But in the Beariash market, his prediction not more then asking his follower to back his bet on his chooses coin.
Not to mentioned, his status sometime seem like supporting some firma.
Sorry, but this is what I thought about him after following his status for 2 Month.
nixel
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@xenn666xl, I follow some of the publishers here because I decide they have interesting and different point of view. I can draw on chart too, I don't need to believe in someone.
Everybody follow its own rules of trading and from time to time there is a need to sync with others. Or maybe just check some fresh ideas.
Way too risky, correction is not over imo. We will have to wait for next week to be sure of the real trend.
But... 1.10 1.15 is possible as week end is here, and we might have some good news.
But i doubt.
+1 for the graph
joel.camacho.2010
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@Giorgioversace, I agree
bitgains
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Isn't this a deadcat bounce? I see immediate bearish candles.
It is hard to make conclusions right now. Ripple can broke down next time daily EMA200. It already broke it on a daily chart, but current candle probably will close above it.
Support at 0.85 was broken, ripple go lower and lower. I don't think it can reverse soon. But I may wrong however.