:) just interested because I think it's 50/50 right now. It looks very undecided to break it or not. But never the less it has been weakened by the choppy price action lately.
It could still only be a fakeout and bounce right back up..
let's see if there is an entry opportunity long OR short :)
Major support at 0.28.
risking 15% for a big upside potential.
XRP is on of the best coins out there, but has been left aside for a hole year. We have seen in the past that after Bitcoin rallies, peoples start putting their attention on alt coins. So by talking all of these considerations in mind, we can expect XRP to rally in the near future.
MFI is starting to...
Price respecting these trend lines very accurately.
Commodities like Soybean, Corn, Wheat and Sugar are great great markets for this type of trading because of the low manipulation from the big banks.
Let's see where the price goes next.
After having a big rally long term, buying pressure has slowed down and selling pressure will take over from people taking profit.
Based off experience in the market, the more a trend line is being tested, the more pressure is put on it. So each time it tests it, it weakens it until it cannot support the weight of sellers, and thus, will be broken more...
While doing my analysis on AUD and CAD, I concluded that CAD would go down and that AUD would go up this week, so this combination is the best to go long right now for taking advantage of both ideas at the same time :)
OANDA:NATGASUSD showing some strength after a downtrend.
Bullish pennant triangle broke to the up side and retesting it, which creates a great entry point.
Looking for a reversal to the up side long term.