Will PNC bank be selling the news?

Fomo is rife across comment boxes and the chatroom, Ripple has failed to break the .618 fib for 5 days running, and it went parabolic. Sounds like a great combination for a short entry back to the .88!

Yellow vertical line targeted on the tweet that PNC bank have joined cripplenet.

Trade null and void if .618 (.00009000) holds for a couple of days, but if this is the case it would likely move impulsively to the upside due to market closing margin positions.

Cloned a fractal and popped it in the intended path of direction. lets go!
.00003100 target.

Basil

Transaction en cours:

Rising wedge in downtrend - check
Bearish divergence on the RSI - check
Macd curling downward on larger TF - check
Top buyers identified in their masses - check

Commentaire:

Transaction en cours:

the cracks appear to show as 'top' authors are sill calling for more upside.

Commentaire:

1D timeframe bearish Div showing and macd reaching crossing point

Transaction en cours:

weak bounce on the 4HR TF expecting downtrend to resume in coming hours

Commentaire:

Next target: 7200

Commentaire:

First target of 7200 hit within a whisker on an impulsive down move. possibility of a flag forming here or fallout all together which looks more probable due to price action. next target first flag below price

Commentaire:

well it looks like we're going down again

Transaction en cours:

Touched base a few Satoshis shy of the initial Take profit target. 3600 levels to watch for support/resistance building until further direction can be assumed.

Commentaire:

1173 next area of interest as per original chart

Trade fermée: cible de profit atteinte