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BTCINVESTING
Jul 11, 2017 11:43 AM

Ripple USD 8h: New situation, but strong up still possible. Long

XRP / Tether USDPoloniex

Description

Recently, ripple has moved to a decision point. there was an downward movement. 0.23 fibo was touched. Fibo 0.14 was already reached end of may. Next important fibo is 0.61. Therefore the situation has changed fundamentally. Here is my new chart. In the long run I see an up. Be patient with ripple. The time will come. ;-)

Let's see what happens. Happy trading. :-)

Comment

close up of the situation. the support line 2 (pink) is double tested. it stay strong. we could see an further up. lines on track.

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allways the same. profit-taking after the first little move.

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still same target, but different timeline.

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shortterm view - close-up update:

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So I see the movement in the long run.

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If we saw the bottom today, we could expect an strong up back on track.

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nothing to say. on track.

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Trend line update.

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along the trend line. okay.

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on track. up, maybe faster than expected.

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new chart. please follow ...
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new chart published. this chart will no longer be continued and be replaced by the new one. new chart here:
Comments
Hajar1
Thx I'm holding too..
JeySuresh
Do you think this idea will still be true?
thanks!
BTCINVESTING
@JeySuresh, I think we will reach the end of the arrows. Maybe we see another re-test of the pink resistance line.
fineregex
XRPBTC also matters
BTCINVESTING
@fineregex, on track.
LFalcon72
I can totally see this happening. great analysis
BTCINVESTING
@LFalcon72, thx for your comment. :-)
Bella88
am holding on very tight , this is getting scary ,
BTCINVESTING
@Asam, it is not scary. cool. ;-). here is an closeup. before up imo there could be a down to the purple line.
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