XRPLong
XRP LONG in the Long run, SHORT in the short run
Two orders can be placed with this analysis.
- Consolidation forming within the descending triangle . Price can only be doing 1 of two things, consolidating or expanding. So after this expansion follows consolidation.
- BTC gaining momentum (just blew 10,000), cryptos generally move in the direction of BTC due to its vast market share.
- Weekly Market Structure high broke TWICE so expect downward pressure on prices (slight decrease in the value of XRP before we go to the moon).
- could see 0.39 before we lift off!
- Consolidation forming within the descending triangle . Price can only be doing 1 of two things, consolidating or expanding. So after this expansion follows consolidation.
- BTC gaining momentum (just blew 10,000), cryptos generally move in the direction of BTC due to its vast market share.
- Weekly Market Structure high broke TWICE so expect downward pressure on prices (slight decrease in the value of XRP before we go to the moon).
- could see 0.39 before we lift off!
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.