Okay, this one is very tricky, why?
- Prices are near a very strong support for ripple
- Double bottom
- Bullish divergence on the daily chart
HOWEVER:
Very low volume bounce.
So I'm going to be very cautious, and wait a little bit, and long after the breakout (the second rectangle), giving me 200% gains instead of 290%: At least I would be sure.
And if it doesn't bounce, I will buy around the 1500 sats area
- Prices are near a very strong support for ripple
- Double bottom
- Bullish divergence on the daily chart
HOWEVER:
Very low volume bounce.
So I'm going to be very cautious, and wait a little bit, and long after the breakout (the second rectangle), giving me 200% gains instead of 290%: At least I would be sure.
And if it doesn't bounce, I will buy around the 1500 sats area
Note
This is looking like it's setting up for a last drop.
Note
This is no longer a bear market for Ripple. If you see if broke the support and now is testing it. Safest play is to be in alts right now
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.