Another angle at XRP/BTC movement. Look at those smiley faces. Doesn't this current 1h / 30m candle look like a doji that we've seen before, on the previous move up?
Lovely bullish divergence.
Down on the 30 and 15 we can see some pennants showing a move is underway.
Good stuff. Target 8500
Good luck.
Lovely bullish divergence.
Down on the 30 and 15 we can see some pennants showing a move is underway.
Good stuff. Target 8500
Good luck.
Nota
So here's the pennant, and it does look a bit leaky on the bottom. So perhaps we'll see a leg lower first. I also have to admit that the right 'eye' wicks aren't quite equallying the high in the left eye - which they did on the first smiley-face pattern.
So it's not perfect, and we might go sideways for a bit here. A breakout might do very well tho.
Nota
XRP really fighting for it but at this point there's other coins doing better.
Trade chiuso: stop raggiunto
Nope! Bitcoin/USD moving back up. Party in XRP is over for now.Trade chiuso: obiettivo raggiunto
Well, if you had your stops a bit less tight than I did, target C was reached right after the drop! Guess I should be using my calculations on where to put stop losses for entries instead, and put stop loss another fib lower.
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