Ripple has made yet another fakeout zone near 200EMA where the price is now back on the upper side of that EMA, and is looking for a potential breakdown from here.
If we manage to break we will be back at that trend line there resulting in a nice small gain here!
Swallow Team
If we manage to break we will be back at that trend line there resulting in a nice small gain here!
Swallow Team
Comment:
We are still looking for a breakdown to happen and a touch to that lower trend but we need to wait out for clean breakdown from 200EMA.
Ripples 200EMA been holding the price too long where it is not becoming two-way possibility from here.
We are still looking for a breakdown to happen and a touch to that lower trend but we need to wait out for clean breakdown from 200EMA.
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Now we need to secure that zone there, and touching the trend line will most likely happen from here!