XRPUSD Bull flag vol break immanent (Market Move)
Updated
Very clear levels here with very tight stop
Not a home run i like the levels and the liquidity.
IMO market looks like were due for further cool off.
OR you could say we look heavy and sluggish
Breaking News will act as catalysts
Changes my status in Feb to what it is now and i remember being at work when the bottom was hit in December Hang ON there is a lot of money to be loss by the majority.. There will be so many good setups and clear direction to come! Dont rush be patient and maybe we will have something to show for it at the end of this cycle..
Broader term and over all market perspective i think you have to begin to look for products that are increasing in Marketcap and value becuase what they are actually doing not what there gonna or could do. The hype cycle or 99.99% speclative phase is over imo and we could start to see the alts blood bath season but for the few with current and practical use cases. IMO BTC is still your best and safest hold. mathmatically eith ltc xrp omg btt trx xlm will far out preform btc if they dont fail but we should start to see some changes in the top 10 and coins really begin to fade. ETF still has to be biggest news event to create a buzz around the market anc that is for BTC. That should only further bleed the alts...
Not a home run i like the levels and the liquidity.
IMO market looks like were due for further cool off.
OR you could say we look heavy and sluggish
Breaking News will act as catalysts
Changes my status in Feb to what it is now and i remember being at work when the bottom was hit in December Hang ON there is a lot of money to be loss by the majority.. There will be so many good setups and clear direction to come! Dont rush be patient and maybe we will have something to show for it at the end of this cycle..
Broader term and over all market perspective i think you have to begin to look for products that are increasing in Marketcap and value becuase what they are actually doing not what there gonna or could do. The hype cycle or 99.99% speclative phase is over imo and we could start to see the alts blood bath season but for the few with current and practical use cases. IMO BTC is still your best and safest hold. mathmatically eith ltc xrp omg btt trx xlm will far out preform btc if they dont fail but we should start to see some changes in the top 10 and coins really begin to fade. ETF still has to be biggest news event to create a buzz around the market anc that is for BTC. That should only further bleed the alts...
Trade closed: stop reached
stopped out looks like btc may have further downside like mentioned earlier..No great action jst looking for some entries for some longer term holds
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