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the last bull run in 2017, Bitcoin began rising one month before xrp .
Bullish flag + Fib retracement = Bullish Opportunity.
NZDUSD is printing out a bullish bat pattern. Stop loss right below 88,6% retracement.
Bitcoin failed to break resistance. A retrace to the 61.8% fib level will provide a great set up to go long. 1:3 Risk/Reward.
I believe price will test the 200 ema on the weekly timeframe before seeing any real upside movement.
If history repeats, bitcoin should be worth 400k one day . Thoughts? Or is Bitcoin a dead system
Re entered short position .
Retracement to 61.8 level. Big rejection from below.
Low volume and correlation with BTCUSD may print out a nice short position to 0.28800
Be cautious. Lower levels can be retested.
XRP is testing this daily up trend. If it finds support, 0.40 will be my first target. I lowered my leverage as well incase a manipulative spike downwards.
Everyone was saying "I wish I bought in at a lower price!" Where did they go ? Will 1000 per BTC attract more volume or scare off more..
Bullish momentum will continue if candle closes above this level.
Finding Support, possible set up to test higher levels.
XRP needs to break out of this zone and find support @ 0.34420 to continue bullish uptrend.
Reverse H&S pattern?