I shorted this kind of late right after that beautiful tweezer top was completed. Had I been on the daily chart earlier I would have shorted it close to candle close expecting the bounce underneath the orange LMA. I'm not going to let this one run for long as the buy momentum on the 1D has been going up even though 4H momentum is rolling over. When I say...
I've decided to put intraday trading to rest and begin interday trading. It just gives me more time to carefully consider my trades without having to constantly look at a chart all day. I'm going long up to the end of next week on a 4H KST momentum crossover (orange and blue lines at the bottom). Also we have a healthy bounce beginning off of the daily LMA (green...
I'm not so sure. I'm looking for a double top on the 1H, which would be a pretty solid rejection but I don't think it would be enough to change the course of the uptrend we've had going for the last week. It's definitely time for a retracement of some kind and that first rejection around 9300 might give us a clue, since this is the highest BTC has gotten in over...
Hey guys. I'm not too well versed in price prediction or drawing elliot waves or triangles and what not. But I don't see XRP breaking out until it begins to get closer to 1.70, 1.60.. How I read it, we're still looking at a down trend for the next day or so. Evening out around two days from now. This is more of a "how the public feels about XRP" more than a...