Hello people.I will be short here so i'll leave you to be judge on this.After this small breach we have price slowly approaching fib retr at 0.28.Since this is mostly for day traders please be advised.In my opinion, this move is made to cut out those with stop loss bellow the given trend line.This lower trade could last maximum a few days if not even less.In case...
Simple term, if it falls around 0.26500 chances are it goes down and this was bull trap.If it keeps on channel we go to 0.30 in next 5 days max 100%.Since we are having negative crypto market for last 24 hrs i wanna risk and say we form a small channel up and wait for Swell.Price will retest 0.32 sooner then you think.
Share your thoughts as always.Cheers
Patience is the key.As Ripple keep shooting good news market does not respond much.Imo next big move will be enormous cuz this feels like big baloon which is about to explode.But before it does it may sink even more.
All critics welcome.Cheers