XRP currently on support and support trendline...if btc will be bullish XRP couldn´t be broken down...it looks like rising wedge maybe..
If btc will be bullish XRP can make this move. But it needs bigger volume.
Guys do you really believe in btc UP move? Of course me not...so here´s my prediction for BCH...I think that MA 200 can stop him at 800+-, but if not he can go to the golden pocket zone and there I have more orders for short...It would be ABCD patttern or BAT pattern...what you think?
Break down will come at 80%...look at the situation...there´s doubble top in this rising wedge and a little higher is strong resistance zone...
I have only one question...Where the institutions will buy btc? Them can join to the game at 5800 or 5000 or 3000...there will be big move up and trend will turn into a bullish...I have 5 long orders: 5800, 5500, 5000, 4000 and 3000
Look at this situation...I think we can go now to support (point A), than can be pullback to point B, and point C can be on POINT OF CONTROLL...there can the price make consolidation and after that pump up. What do you think?