Krypto
>>XRPUSD<< >>January Week 3<< Long SetupHey guys, last night XRPUSD made his Wave Low, in my view we gonna see now a big rise in value and XRP pushed back to 4,5 $,
this drop happened by fundamentals and Political news in korea, in my view it was a big fake to kill Bitcoin and Crypto prices for
the big players in the next few days.
A lot of negative news were caused by this drop taking out a lot of buyers and players before making further upside moves.
Many people panic-selled and lost money because the society is buying at highs of cryptos and get out after a 50% pullback with
a big loss.
DONT TRADE CRYPTOS if you're not able to HODL and buy at lows.
Here we have a Wonderfull possibility with over 600% ROI.
Have a good one and Trade with care :)
We finally started bouncing back of the 50 SMA on the dailyWe finally started bouncing back of the 50 SMA on the daily. This also matches with the parabolic channel (in red), the fibonacci levels and is also approaching the end of the previous bear period ( about 58 days). At this point the price could still fall through the 50 SMA but I am more bullish and think to enter a long as soon as we see clear upward momentum.
I am going with a small portion first, then if the trend is confirmed will keep on adding (dollar cost average).