Might be that time again.
-Significant HTF S/R resistance
-Range short OTE
-3D significant bear level
-Declining volume on move up
-Bearish weekly candle
Time for the $XRP MC to move into the other alts.
50% drop this time
$XRP Short thesis.
Printed pizza over throw
1H close under wedge resistance
1H close under 618 fib resistance
H&S formed with volume confirmation thus far
LTF lower high
Swell sell off incoming
Target: 22% drop @ 7k sats
XRP is the billion dollar pump and dump we all love to hate. There are no worse people then those whose who support this dog shit. In a rational market we would short this to ZERO but in this irrational market, sadly, we don't get that chance because of the plebs. Take what you can get and enjoy watching them hurt in pain while the standard becomes the flacid.
$BTC looking bullish. Bullish hidden divergence on the 6HR.
In a confirmed bull pennant after breaking a major downtrend resistance.
Held VPVR support beautifully.
If someone says their bearish on $BTC, kindly ask them to drink vinegar.
BTC has had a picture perfect bullish consolidation with a pop through the log downtrend resistance.
It's pushed up into a bearish rising pizza slice, I expect it to fall back into the consolidation green box and test the log S/R before making its next move.