Sprained but not Broken
Updated
Money Man has been regretting only putting in 3 Red Targets for XRP, but that is what the chart told him then (not knowing something like a legal threat would come at this crucial time). Now volatility is such that his blocks are big, and he never likes that, but again only has what the chart gives him – no glass ball here.
There is meaningful support below us as of the bounce that we have seen, and the Green Targets are offering much, maybe too much as this whole thing will not be resolved in two ticks.
Conclusion: The Red Boxes are an “easy trade” (there is actually no such thing) and the Green Boxes are for the brave. Very Important to me: Please leave a like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
There is meaningful support below us as of the bounce that we have seen, and the Green Targets are offering much, maybe too much as this whole thing will not be resolved in two ticks.
Conclusion: The Red Boxes are an “easy trade” (there is actually no such thing) and the Green Boxes are for the brave. Very Important to me: Please leave a like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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