Making the lower high right now. Told everybody at 1.96 dollar already that we could test 0.65-0.75 as support. Guess where we going now. Heavy heavy long for me, Invalidation if we close below ~0.65
In the making if we hold.~0.90 now Otherwise we going back to 0.80 at least.
Think this is officialy the bottom. Capitulation has already happen 2 days ago. Now we see a bullish div on the 4hr. Send it back:)
With short i mean, do not go short but the story on the chart is simple Higher highs and higher lows ~1.35 - 1.40 should be an area to watch, if we fall under, then we get a short term bearish move in my opinion. NFA.
Look at this huge falling wedge. Once we break out, in 3-4 weeks we can get our (local) top, based on the pumps in the past. Lets see;)
Yesterday things got a little bit more clear With the 3th marked touch, we now in a clear triangle. VTC can move some days boring lower/sideways before the big breakout.
.... Above the yellow box in order to break the 2 dollar level
We hodl the yellow box for so far. Massive upside is comming if you have the patience:)
Where are we know? First of the 3 impulses Impulse 1: 0.11 - 1.97 dollar Abc down towards 0.85 Second impulse should send xrp to 10 dollar If we get a 3th impulse, 50-60 xrp is possible later this year or 2022 but not counting on that
Almost the same, should expect some continuation to the upside. My bias is still the same that btc is gonna top out around 80.000 + a grande finale altseason ;d
Confluences with 2 important areas, 21ma on the weekly and the technical target of the rising wedge.
On the 6th attempt? Its now or we're going down lower than 1.11 imo.
To get bullish again. Short term we moving in a little sym triangle. Possible scenarios are on the chart.
1.48 or 2.1 dollar? Just some consolidating before the next move up. Have some sellorders of my long term bag at 1.991. (just a few percent) Selling 10% more at 3.2 dollar and 80% at 9.6 dollar.
Green = bitcoin bullrun and peak 2017 Orange = Xrp What we see was that xrp topped out, when bitcoin was on the first retracement after reaching its all time high. Xrp peaked in the second leg up before the bearmarket started. 2013 similair situation (bitcoin had only 2 equal tops instead of the second lower top) Purple arrow is where we are now in my opinion!
Like many new people in the space buying Pundi X, Chiliz, Holo, Cardano, Terra, Btt: i warned them all to not buy coin who already had their cycle. Some of them listened, some of them feeling the pain right now and panic sold.
Very soon! Short term update; currently testing the upper trendline of the flag.