XRP/BTC - I'm Still Seeing Downside on this Paring!

Feb 19, 2018

Short video highlighting why I'm still seeing some downside out of XRP/BTC. At the moment, price action is playing out as i expected and mentioned in my last two videos (see links). My charts are not telling me anything different at the moment, so I'll keep that biases. I mention generally two areas, i think price will move too before heading back up, but only time will tell if that plays out.

Hope you enjoyed... give a like and leave a comment letting me know your thoughts.

2/17 - Video 2/15 link is the related video

Feb 20, 2018

Trade active

Price action continues to play out as expected. Note on slide

Feb 20, 2018

Trade active

Well.... price action continues to play out exactly as expected. We've made it to the bottom of the zone I called and price action is testing it for a break.

Based on a run through my charts it would seem like price might still want to go lower. If we break the .00009500 zone (especially with a daily close), i expect the next level to be test will be .00085000 satoshis. However, as we get lower, be prepared for a quick run up. That seems to be XRP's MO.