XRP broke the falling wedge to the upisde
On this news (source reddit, NY times)
G20 news:
Rackham: “The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.”
nytimes.com/reuters/2018/03/18/business/18reuters-g20-regulations-carney.html
We pierced the upside of the falling wedge.
This is clearly bullish.
+ Divergence on the MACD
+ a 20% down followed by a 20% retrace in one day.
This may be the bottom of the correction.
To be continued.
G20 news:
Rackham: “The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.”
nytimes.com/reuters/2018/03/18/business/18reuters-g20-regulations-carney.html
We pierced the upside of the falling wedge.
This is clearly bullish.
+ Divergence on the MACD
+ a 20% down followed by a 20% retrace in one day.
This may be the bottom of the correction.
To be continued.
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