Investwine

XRP - Following the path so far

Investwine Updated   
The red dot lines is the path I follow since early July, and the same pattern of what happened just before, between end may and end June 2021 (and 2018 crash). blue lines
The support is now resistance, everything below the orange line at .58X is bearish AF
green and red arrows are what came last 2018 crash, time is not at the right scale for now.
Same for every crypto, BTC give the rules.
Comment:
I took some profit, I'm shorting again if it goes at .58X
Comment:
I'm not expecting a pullback that higher now but well everything can happen, ill start to buy soon, when it hit .5 and lower
Comment:
lower low didn't happen, TP1 reached
TP2 is 0.81
Comment:
I don't know if its a bug or something but on the daily timeframe, XRP touched TP2, so im starting to put some short positions and to close my longs.
Comment:
took some profit this morning,
Dont know if there will be a retest of the previous high
Comment:
added shorts from here
Comment:
double top forming on XRP, can be a triangle, or the end of this bullish move.
Comment:
stop loss for the shorts has been hit yesterday, I did a new idea on BTC, stating that BTC was more predictable, eh that exactly what I meant, BTC still on 0.5 fib retracement mark
cheers

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.