Support base established, send it.
Trendline: broken Market structure: needs to break 85$ on a weekly timeframe to confirm Shift in Market structure. From there is any dip on lower timeframes a buying opportunity with an objective target till 160$
Support way down btc pumping is bearish for alts
price action looks like a diamond accumulation pattern low time frame consolidation below pivot monthly resistance is bullish; confirmation = hold above red level
reupload with bigger font
The edge lies in between the structures of higher and lowe degrees lads and gents
no leverage altcoin which why i think that the demand > supply will take this babe to the moon. High Timeframe MAs Bullish cross long accumulation phase bullish weekly engulfing
Although the xrp supply is big and some big guys are dumping their coins in the market (non stop) i can not ignore the current state of the altcoin market in relation to XRP. 🥏For the newcomers to technical analysis: in contrast to 90% of TV analysts, I have built up a skill set through 1000h+ chart time and mentorship from major names in the scene that has...
first test of resistance still probability of one last nasty stop hunt to the upside
-supply zone hit -bearish 4h shooting star -extended move
Scalping Plan for the next hours. Current consolidation will lead to expansion but which direction? thats why i drew all important pivot points for this price action cluster to coordinate my scalps. cheers.