fun times ahead! saving for short term reference. 1hr time frame. support and resistance. wave counts and HVZ touch for key areas ahead.
Technical levels and analysis show that we will move up in the new trend with the inverted head and shoulders that was printed on the higher TF. I suspect we will make a measured move to the upside ad start climbing back to all time highs
working to an annual trendline and will reverse down. looks like were in for a ride soon.
Publishing this to anyone interested in my charting ta. right now XRP is in a legal entanglement with the SEC and this is fairly optimistic in the short term. If regularity clarity comes thorugh, prices are going to snap upward and XRp will finally move independantly from the market. It has greatly followed BTC since its inception. This may be just what XRP has...
Massive sell off in the beginning of March. A historical time where investors buy gold at yearly low prices. Were in the first quarter of 2020 and its coming to a close. The previous 2019 YE low was priced in around 1550. Were going to visit that supply zone and retest the area. This will form a Head of a well known and easily read Head and Shoulder pattern...
We need to find support and tap liquidity for the big move up. Markets have the volatility. It's just a matter of time
Tanking a 7 day short position. Riding through the mositive outlook given on SA rebuilding and scaling production back up and replenishing reserves by end of month.
Calling in a consolidation before target of 1555 is reached. we will downtrend to 1520 and return back upward to 1555 area.
In consolidation but gaining speed back to target 1555