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DOUBLE TOP AT $0.30. PRICE UNABLE TO PIERCE THROUGH THAT SUPPLY ZONE MARKED ON THE CHART. SIGNS ARE POINTING TO A DROP BACK TO $0.26. CONSECUTIVE...
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In this video we will take a look on BITCOIN, ETHEREUM and RIPPLE vs. US Dollar and I will show you my own Trading Plan and where are the best places for opening positions.
As you remember English is not my native language, so please don't judge strictly my English, I will continue to improve my skills...
- Price breakout top part of Triangle
- Price already made pullback to support line
- Next resistance is previous high then 0.3080 $
- Always do your own research
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XRPUSD rejection from double top at 0.3035. Potential rejection target: 0.2875. Price action above EMA 21,50,100,200 strong uptrend.
Consolidation bellow resistance bullish pattern. Still Hold above green support trend line. Potential upward target after consolidation double top area at 0.3273$.
Volume: Confirm bullish price action.
Indicators: MACD bullish...
I was trading this channel from 6th of october, i didn't share this one. but now i see everybody is sharing this channel, these patterns breaks when a lot of people gets aware of there existence so they are not tradable in my opinion and it will break to the upside or the downside but i know it is going to break. so do not try to short the top or long the bottom,...
Xrp is the only big coin to have not mooned during 2019. Ltc Btc Eth Bch Eos all went 4x and more while XRP lost value vs USD during 2019. My opinion is that the bear market has not ended yet, and the above mentioned coins will keep losing value slowly and only XRP will make gains during the remaining of this year. 300% and more
Looks like we've managed to pullback towards consolidation channel. From which we can identify previous levels of retesting towards the first (R1) resistance level at 0.35 to perhaps further strive into R2 at 0.38.
In the meanwhile, XRP is one of the best performing coins this month. It shows a gradual 20% growth since October 1st, unlike the rest of the top 10 cryptocurrencies. However, considering a recently published market report for Q3, fundamentally Ripple is not doing so well. The report mentions a significant decrease in sales, as well as overall market cap.
I believe that the market is going to have some big movements soon. I think the market is going to pull back a bit then surge up hard tricking traders into thinking a true bull run has started. I think there will be at least one more massive push down to retest support to shake out traders before another true bull run starts. With the bitcoin halving coming soon...