ssari

XRP.USDT (Y20.P5.E2).Looking for the breakouts?

ssari Updated   
BINANCE:XRPUSDT   XRP / TetherUS
Hi,

The following are looking for the 3rd touch.
Some only require 2 touches.
I have to get this out quick for i need to trade on these.

XRP,
ALGO
ETH
BTC

XRP

BTC

ALGO

ETH


All the best.

S.SAri
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BTC has a potential of a hidden bearish divergence, with the Alts as well playing out. How much...we don't know.
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Looking at BTC left, XRP right. Both have come to strong resistance. Time to be cautious. More for XrP than BTC. BTC dominance is on the rise.
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For the short term, or the macro, this inverted barr, lead in trend line is the major resistance and it will take a few times to break this.
My brain tells me its unlikely to break it at the first attempt, if it does, it will be short lived (wicked on the daily) while BTC also would likely hit its target and drop after that. I think after the major pullback, the 2nd revisit will likely find this line again a resistance but break it, either the 2nd attempt or 3rd.
Many times I have seen this, the inverted barr is a great strategy, learn it.

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