XRP update

14 ott 2017ripple broke through my first rising wedge, but could still possibly be within another (bold blue line). watching closely for confirmed break. possibly short term bearish divergence battling a longer term bullish divergence. final result will most likely depend heavily on btc's next move, which seems increasingly likely to be further upwards. this would again place heavy selling pressure on ripple, which could drop back towards the lower resistance of the channel. looking to slowly open short positions towards the top of the channel/wedge.

14 ott 2017

Commento

continue to watch btc, we got a good window into emotions on that latest upwards spike even if it did not yet break out of its pennant