NFA - DYOR Just to refresh how to publish some thoughts in public... Short is for expected lower bottom, may get some bulltrap in lower TF. Lines may be wrong, zones and count may be inacurrate , just a basic idea ... lets see what happens if its not wrong :) personally wont be shocked by wick to even 8k, everything around 10-12k ill take as great...
After some ugly sell off and breaking under 1USD level, we still hold longtime support line on Daily chart.. UPward expected since BTC also holds and its possible we had our low at 17th December and we may go up again.. wont be easy way,but lucky are those who are not scared in right moment.. onchain data are very bullish,there is no reson for bearmaket yet.....
we are going to make 5th wave down ! i expect reaction of 30k leve, expect new low.. don have time to make nice chart,just quick warning :)
Im margin long.. expect another wave UP :) NOT financial advise ! DYOR !
What to say, since XRP made x3 from about 0,24 to 0,75,it deeply retraced, now im watching 0,382 and 0,618 retracement levels.. atleast hope at 0,5USD resistance gonna be reached.. NOT financial ADVISE...
This is my very FIRST public "analysis", DO NOT take it as financial advise,this is only for inspiration and compare and share thoughts about market... DYOR, trade on own risk as responsible adult :) So... We can see we had correction in falling wedge from top,in the end here is some RSI divergence,so we broke UP with rised volume . NOW i noticed possible...