after massive bull run within tight channel starting to show weakness apparent bearish div on 4HR short term volatility, and negligible volume increase Prime for a short
unfortunately we broke below uptrend we are inside a channel now so will drop to support of that then dump further
as we all know, when XRP starts moving it doesn't go slowly. It just broke out of a falling wedge on XRPBTC and more or less double bottomed. Accumulating NOW
from 10k we will go to 10800 (price will fakeout a break of the down trend so may even go to 11k) Then dump to 9000 then retest the downtrend around 9800 (again may go up to 10k) then back to 9.5 ish (may double bottom or not go down far at all)
MAs about to cross Trend line in-line with 200MA MACD been stagnant for months
long term resistance is holding waiting for a breakout above the line may go down to $150 first
looks like we can either break up or down in the next 2 days my moneys on breakout
we have a higher high on bitcoin daily although its barely higher (5800,5950,6100) its still higher and we could see a bullish trend wait for a strong break of 6600 for long or a break of 6200 for short
descending triangle, but looks like it'll breakout upwards entering long position at $450
daily candle has broken out of falling wedge if it closes below 0.29 before the day is over, the bear trend will continue if it continues up - we may see a new market cycle for XRP and a long will be in play
waiting to see how this plays out all depending on BTC movement we have a strong support formed under this flag if we break, enter short trades if we don't, don't
just got notification that my trend line was broken staggering long orders now
big falling wedge on ethereum I don't know how ETH has fallen so far, but it is approaching major support at $150 if we see a bounce at 150 and a break out of falling wedge, there should be a decent bull run Definitely wouldn't enter short here, but it all depends on what bitcoin does
ETC broke out of a falling wedge thanks to BTC's small pump Should see a bullish rally for at least a few days
I was initially short but it seems that we have formed a falling channel and it looks like we may break out of course this could be wrong - we would need to see a strong move and breakdown of the lower channel support and horizontal support at 6250
waiting for breakout or breakdown depends what BTC is up to im leaning towards short but time will tell - we need a strong volume breakdown in the next 6 hours