Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
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Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
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an optimistic scenario for xrp, 0.38-0.45 range
as the triangle has been broken, it's possible to 14.6K area
It goes up and down in the triangle, and going up become weaker and weaker, more possible to go short.
Onece failed to stand up the resistance line, it will be a huge failed breakout, and go back to 8k at least
stoploss if over the resistance line
support area reached
3 long tails come out, which means in short time the power of the bear is weaken,
possible long time until the resistance line, going back for confirmation?
stoploss if below 8800
If this week can close above 9100, it's a good signal for buyers
when it return to the star, go long, and observe its breakthrough.
if fails, just sl under the support line
sell around 9K, and buy around 8K
set the sl
if btc can stand over this triangle, it can go up a height to 9150
The bigwhale has digged 3800 successfully, so he won't let it down
expectable bottom around 2800-3500
The longer time it is in the triangle, the breakout will tend to be the downside
VOLUME is going up, Macd is ascending, it is chanllenging the resistance line. Watch for the Breakout.
This is a short-term opportunity