


Is this a retest of the top of our long term triangle? I wanna see a daily close above 6350 and this could be us out the woods!
Considering the reasons for this pump...an upcoming fork...I see no reasons why we shouldnt see more upside before the 15th Nov.
With little PA to work with, its hard to gauge a direction....but here are some ideas.
With 3 Dings onto the upper resistance holding Nano down, its time to make or break. Low risk trade with solid RR.
Lets see if Nano can crush this. A low risk trade imo.
A BTC dump may have brought XRP below its support, but its rallied straight over it again....bring it on!
XRP seems to be dancing around the fondly loved 705 fib line. If it breaks either way, here are my thoughts.
In case Trading View deletes my TA!!!! Grrrrr
Lets watch Nano retest the previous resistance (fib level) and moon it!
Simple PA analysis states that we have some higher lows within this consolidation zone and a clear Bearish OB keeping price under. The OB has been tested 3 times now, so a 4th try could break through. To do this we need volume and momentum so a solid retrace as per my chart would be healthy, BUT we must form another higher low!
Maybe ignore my previous post...this is why we wait for PA to tell the story :-)
Looks like we have some bullish divergence on the daily and a solid 0.618 retracement from its previous run. Lets go!
Using classic PA methodologies, lets see if we can find another short opportunity.
While not necessary, it would be favourable to see a healthy retracement from BTC before a big move up. Needless to say, the rising wedge and bearish div on the RSI is calling for it, so lets assume it happens. Noted from fibs and PA, 7445-7500 would be ideal levels to start this retracement. From there we look at further fibs and general confluence to find a...