Well, last 2 weeks is confiming that bitcoin is directing that show. Ripple is following falls of bitcoin, but not in every step. Eg. bitcoin falls 18%, Ripple falls 5%.
To make proper forecast we need to observe a BTC and XRP news and rumors.
Today I see two options, so idea isn't long nor short. We can break up resistance line of past few days or go back to support. The wisest thing at now is wait for see what will happens in next candles.
I see in this chart two opportunities, short on r line if market will not break it up, or long on s line
Channel is on our eyes.
Remember dear fellows, always use stops!
Mine Blue Velvet indicator is never lying, BUY opportunity is strong, but how long it will last?
Crypto market live in their own speed, things happening much faster than in regular stock.
One day in crypto is one month in there
Good luck
To make proper forecast we need to observe a BTC and XRP news and rumors.
Today I see two options, so idea isn't long nor short. We can break up resistance line of past few days or go back to support. The wisest thing at now is wait for see what will happens in next candles.
I see in this chart two opportunities, short on r line if market will not break it up, or long on s line
Channel is on our eyes.
Remember dear fellows, always use stops!
Mine Blue Velvet indicator is never lying, BUY opportunity is strong, but how long it will last?
Crypto market live in their own speed, things happening much faster than in regular stock.
One day in crypto is one month in there
Good luck