As expected this parabolic curve was broken and is now being shorted as retail investers fomo into buying XRP..SMH Be careful and look at coins like tron and this as an example why amrketing machines get ppl into trouble speculating. Ill keep this updated to sdee how this plays out. We could see another pump coming sooner then later with another Dump to ppl down a...
We have no volume for the last 2 weeks. This is not an ideal trading area so be careful. We need to see a breakout up or down but we have been riding in the battlezone area for a while now!
The longs are in and keep getting added., Starting to look like BTC last time we saw this type of curve. Im not saying it cant pump but jeez i feel bad if it does what it looks like it wants todo. Any curve like that broken has usually ended up in a bad spot. Lets see if the marketing machine can pump up the jam.
So i have been keeping an eye out for this yearly descending triangle and waiting for the right postion. I see that we have some higher lows formed but i have not been sold on the highs yet if they have played out the full move or not. I feel at this point it made its move up and we will maybe retest again somewhere near the recent high but im looking to get in a...
I personally dont think they have the volume nor conviction to make it to play out that(edited) all the way up on the 7000-7050 area