XRPUSD Cloudy days ahead?
Updated
From yesterday we seem to have a confirmation.
For those saying that we are about to see a big bounce for XRP, I think that we should take a peek at the Ichimoku cloud.
The blue lines are here to reveal the distance from the cloud.
A : We were quite far from the cloud and we had to experience a reversal to come back closer to it.
B : Same situation, but we failed to touch the cloud as fast as we have done in A. So we came climbed slowly (B') and now reached it. I believe that as we did after A, we will be pushed down by the cloud.
What are your thoughts??
For those saying that we are about to see a big bounce for XRP, I think that we should take a peek at the Ichimoku cloud.
The blue lines are here to reveal the distance from the cloud.
A : We were quite far from the cloud and we had to experience a reversal to come back closer to it.
B : Same situation, but we failed to touch the cloud as fast as we have done in A. So we came climbed slowly (B') and now reached it. I believe that as we did after A, we will be pushed down by the cloud.
What are your thoughts??
Note
Looking at the weekly stochastic does not seem that good to me.
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