Clear support and distinct upwards channel. RSI climbing above 50. Looking to play a few calls here.
Forming into an ascending parallel channel. Volume picking up. The flipper is shilling it to his sheeple. I'm long here. First target - .0000429 Second target - .0000476 Resistance - .0000484-488
Looking for a bounce here...tight stop in play. Good R:R set-up.
SCALP PLAY Taking a look at $ENG / $BTC here. Looking for the 3rd white soldier on this play, it has formed before and I think it can form again. If it does, we can expect to see a nice move from 5200 sats to 5600~ range. *NOT FINANCIAL ADVICE*
Some relief for the #XrpArmy here: Used a bit of meme linez + the 200 day moving average to make this analysis. Take from it what you want but I see XRP stooping lower, hitting the heavy support at 4024 sats and then bouncing higher. Tell me where you think XRP will end up, below!!!
More meme linez in more places. Some horizontals, some diagonals. I draw em' how I see em'.
At this point it is clear that we are in a macro bull market. For the sake of altcoins, lets see if bitcoin can stabilize between these ranges for a few days.
This right here is my example of how meme linez actually work and how you need to stick to you time frames.