XRP's charts have been very confusing, as almost every chart in the cryptoverse. MANY alts are showing very bullish signals but BTC is definitely deciding the way to go forward for the market and currently that means we're moving sideways. James Fend has been extremely bullish on Ripple for about a month now while Ripple kept moving between channels. I, too, have...
I've shorted BTC quite some times, and it was well-observed by another Tradingview users that I never post a long chart. To me, that is obvious. Everytime I post a short chart, it's because I see buying opportunities. Buying opportunities at low prices, because buying at the top is something you should avoid at all cost. We've seen bitcoin go 20x last year. If...
When everyone in the community is screaming go, I say no. When everyone is calling for extremes I say; be calm.
Btc is set up for a bear trap, don't get caught.
- MacD crossover
- MA short term resistance hit
- Market sentiment; expecting a drop and many calling for a bull (wtf...) trap
We're going to set a higher low that will go to 7800$ max to continue the...
XRP got some nice announcements over the past few days and volume has been accumulating but we haven't seen the breakout that has been in the charts for a while now. The market is definitely anticipating BTC before alts are making any big moves (etc, ltc are more examples of coins that should've exploded big time but didn't due to market precariousness.
District0x or DNT (bittrex) has formed a big cup and handle on the daily and could pump anytime. It was a hard choice between DNT and XRP given that they are both forming a cup and handle but I'm going to play DNT first and then jump over to XRP.
7 day MA is moving towards the 77 day MA. In wallstreet, the 7 day MA means new money. So new money is coming back into XRP.
Furthermore, XRP just finished a head and shoulders pattern, so the dangerous is over. I feel it will move up from here. Short term target is 5$ in USDT.
Remember kids, XRP is a centralized coin so only use it to increase your btc position.
I'll let the graph speak for itself. We about to go down again, but then we're going back into the bullish flag (bigger one if you extend the A2 side). Once we get to the end of the bullish triangle, we're about to go big.
Bitcoin will drop through its support. Excellent buying opportunity. The baby blue line will be broken by BTC, but don't expect it to stay quiet. Expect it either to either race upwards very fast or break the next support too. Advice: Stay in FIAT.
NXS is set for a massive reversal if it breaks out. The only thing it needs is a surge in volume. Profit target is at 0.0005 (500%!!!!) but as always; take profits along the way. I am setting profit targets as follows: