XRP / BitcoinLong
The ripple effect part 2
Updated
Hi! Little update on my previous idea (tradingview.com/chart/XRPBTC/NcRyPe4T-The-Ripple-Effect/)
What a wild weekend, after I posted that we broke out of the sideways movement we've had a hell of a rally to 4500. Alot of alts were up during the weekend, so we had to come down a bit.
We've settled at a current base of 3345 satoshi. For a why , look at the red circles.
The market used a previous resistance during high volatility as a support during a big dump, on the penny.
What do we need for the rally to continue?
The trendline on the RSI is the guidance for holding/breaking the downward trendline.
If we break the trendline on the RSI and hold the 3345 base we have some more bright days ahead.
I'm still long , looking to buy the dips. Tomorrow Ripple is featured on a BAFT panel.
What a wild weekend, after I posted that we broke out of the sideways movement we've had a hell of a rally to 4500. Alot of alts were up during the weekend, so we had to come down a bit.
We've settled at a current base of 3345 satoshi. For a why , look at the red circles.
The market used a previous resistance during high volatility as a support during a big dump, on the penny.
What do we need for the rally to continue?
The trendline on the RSI is the guidance for holding/breaking the downward trendline.
If we break the trendline on the RSI and hold the 3345 base we have some more bright days ahead.
I'm still long , looking to buy the dips. Tomorrow Ripple is featured on a BAFT panel.
Note
NEXT LINE IN THE SAND 6460
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