Dangermousebanana

Dangermousebanana

Price came down to backtest the breakout point of the wedge. 21 and 77 MA offer support right above support. BSV is ready to continue it's rise... Actually it is looking as one of the strongest coins relative to BTC right now !!!

Dangermousebanana Updated 

Cycles pointed to 6th January 2020. The apex of the wedge pointed also to the Epiphany.... XRP USD looks great ! We could be on the cusp of a major breakout !!

Dangermousebanana

Positive divergence on RSI... Maybe double bottom at 8400 satoshi holds...

Dangermousebanana

This looks like a lost shitcoin !! However: 18 month year long positive divergence on RSI !! On balance volume looks promising.... This is my number 2 holding after XRP !! It's my most reckless bet !! (it's actually number 337 on Coinmarketcap).

Dangermousebanana

Mc Afee drops the Segwit Bitcoin !! Could that be the moment where the King will be dethroned ?? However it may be ... BSV is showing impressive strength relative to Segwit Bitcoin !!

Dangermousebanana

The moment on which one of most famous Bitcoin promoters drops Bitcoin !! This date is probably not as casual as it seems ! Cycles point to a XRP bull run.... Maybe the time has come XRP arises as the new King !!

Dangermousebanana

Everything points towards 6th January 2020 !!

Dangermousebanana

On a weekly time frame XRP never broke down and has been trading inside the bullish descending wedge. Time points towards the 6th of January 2020 for a breakout !

Dangermousebanana

This could be a perfect buy now that Altseason will pick up soon !

Dangermousebanana Updated 

Price now back inside the wedge ! Backtest already occurred and resistance is now support again (green line). Bull flag forming right above green resistance. There is a positive divergence on the RSI that shows evidence of strength. Price traces a beautiful Adam & Eve pattern. Volume is strong also and confirms the picture. XRP bears may never see those 15 cents...

Dangermousebanana

On the XRP BTC pair, volume by price and positive divergence on the RSI suggest this may have been a double / triple bottom. We may never see lower prices again.... However, if we are quite confident on the XRP USD, we never know whether there will be new lows on the XRP BTC pair, once Bitcoin starts to rally again.

Dangermousebanana

In a previous post I said that 18 cts could be the bottom. Prices do not go always as low as bears call for !! Breakout occured already on the price. RSI could soon follow... Everything looking very encouraging !!

Dangermousebanana

Today XRP in USD terms hit an important trendline !! It is a backtest of the descending support. This could mark an important bottom. Will it be the final bottom ?

Dangermousebanana Updated 

For those who have missed the entry or for those who whish to grow their position in this stock, 2.50 USD seems a great entry point to me !! Volume is very high at this price, offering strong support. It is almost the bottom of the falling bullish wedge. Moreover it constitutes a 0.78 fibonacci retracement of the recent spike from 1.50 to 6.50 USD. A great opportunity !!

Dangermousebanana

The recent price action has been some kind of discourageing .... After hitting a temporary high in the high 6 USD the price has come back all the way down to around 2.50 loosing more that half of its value. The price has broken support after support, showing an apparently very weak behaviour ... On the other hand the price has been playing ping pong in a very...

Dangermousebanana

Looking good !! Rising after the HELL of a backtest with deep wick ! Now XRP off to the races after important breakout !!

Dangermousebanana Updated 

We are approaching a WEEKLY bullish MACD cross ! Volume by price showing we are in an area of strong support. May we get a false breakout of the bullish descending wedge to scare people and give up their valuable XRP right at the bottom ? Hold strong XRP army - we are getting close !!

Dangermousebanana Updated 

Pushing on the resistance on the top rail ... Could BSV make a break out attempt despite all the Craigh Wright negativity around it ??