idea which we will know by sunday - funday there is a saying: history doesnt always repeat but it definetly rhyme
At the moment everything is falling down, so pepe and peepo are no exceptions, but i still believe we can do 10X - 100X best of luck to everybody with meme coins
Here is the idea of triangle confirmation that may play out till September. Second confirmation of pattern is third lower low on confirmation. BR
I believe we could see third wave in xrpusd triangle, that would indicate fake brake-out to downside. After that moonshot
CHART PATTERN + RSI + Stoch RSI indicating that in the next 4 - 6 days there will be some big movement...
Bears made few attempts and partially succeeded in chart patterns breakouts towards .45, but buying pressure is just to strong and it wont allow for big dip, because crazy expectations in percentage gains on XRP.
As it is seen on chart, we are squeezing every inch of room in this triangle, which just show how much the market is not sure in which direction is short term trend... My position is LONG
We are in small yellow triangle for almost 3 days now, hope that upwards breakthru will boost thru bigger (blue) triangle and than we are towards and beyond $1. At least that would be best case scenario
Im still long. Im still counting on one pump before flare token XRP holders screenshot on Dec. 12th. But there is great chance BTC will drag down other crytos on Dec. 3rd - SEC will show directions for legalization of crypto currencies, and my opinion is that BTC will be under pressure because of it anonymity. As i see it, there are two possible scenarios: 1 -...
Here is my setup for next few days, before XRP holdings screenshot on 12.12.2020
In the last 24h triangle has formed, iplan is to go short to support line if break down or long if break up top...
If we wont go lower than 380 we could have reverse Head And Shoulders in the making...TP1: 440, TP2: 480
RSI and ETHUSD chart pattern suggest trend on 4h is about to switch to uptrend...
But first we need to break one or two resistance.
With RSI still at 50 and third lower high, i believe we are in confirmed downtrend channel. first TP is somewhere in the resistance/support middle line along the channel.