Ripples
XRPBTC @ Poloniex: Short/Long-Entry Based On CloudIt is possible to see that Ichimoku Cloud DOES NOT show great conditions to take long positions. So, for those whom are a little bit in a hurry, this actual moment is interesting to try E2E (Edge-To-Edge) cloud strategy with a short target around 12530Satoshis.
However, for those whom are NOT in a hurry, this is a interesting moment to risk a long position in this Shitcoin with target around 16500Satoshis region.
Above it is possible to see that RSI and MACD do not give much information regarding to divergences; nevertheless, RSI shows that this asset is not overbought and buyer team is winning the game, and both MACD and Volume clearly are showing that we are in accumulation phase.
Did my Vision become true?If you confused why the title like that, just read my ideas 2 days ago :)
As you can see, XRP give me big surprise today , suddenly after "die" for more than 1 month i can see there is exciting movement today. and maybe *just maybe) it will go inside long term triangle (range price 0.000119-0.00012). IF they choose to go inside that narrowing triangle , it will tes once again blue resistance which put their down in the past, maybe it will takes a time before decided to break that resistance.
But i believe they will broke that resistance
why i believe it will broke that resistance ?, As you can see it's narrowing long term triangle .
its just not just ordinary triangle , its super strong triangle . and if they broke that triangle i believe we ready to wave 3 on EW theory on ripple . Just reminds you wave 3 its much bigger thhan wave 1 or 5, so if you didn't take position . Take it now! :)
you can thank me later
donate : 18TTaRCjEqSZJ6dfZHXUTmddg6ACJJwNHr
note : if XRP started to run again, i will make analysis about another altcoin, because some people ask me to make analysis on some altcoin.
Ripple, dont get mad again... Broadening ascending wedge(78%)Ripple, dont get mad again...
Seems after too many pumps and ddos
and bitcoin price increase people still dont know what to do with their bitcoin anymore one again and start dropping some at ripple.
Keep in mind the bigger bicture by ripple after this bubble.
You could buy ripple below the ~6700 level, rather sooner than later
Broadening ascending wedge's are generally assumed to break down at ~78%: