XRP / USD - Huuuge moove incoming
Which way?
Short:
- Looks like BTC before the last dump
- Daily and 3D Stoch. is falling
- Energy lines are negative
- currently at the top of the big channel
Long:
- Daily RSI breakout has occured and now bouncing at the trendline
In my opinion, the probability of going short is higher. If Ripple goes short, BTC will do the same.
Have a nice one!
Short:
- Looks like BTC before the last dump
- Daily and 3D Stoch. is falling
- Energy lines are negative
- currently at the top of the big channel
Long:
- Daily RSI breakout has occured and now bouncing at the trendline
In my opinion, the probability of going short is higher. If Ripple goes short, BTC will do the same.
Have a nice one!
Note
Bitcoin just dumped and triggered a trend changer. Bitcoin dumps = XRP dumps
Note
2 months support has been broken and became resistance --> weakness, but there is still room to the absolute support line (white dotted) which must hold for a bullish moove. If the price mooves below the last wick i am going short
Trade closed: stop reached
Trade active
Still bearish
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.
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.