XRP - Is the storm over ?

Resume from my last publications and updated the trendlines.
Closed the short from 0.94 around 0.85 and added some buys, I think we're still in a bull run so I don't want to short too many times.
This is a nice 10% bounce, I would like this to be another big low, but and H&S can form here and we could see Daily 200 MA around 0.7 next week.

- Should not go below the 200 daily MA around 0.7, if it happens, 0.5 on the sight
- RSI bullish divergence on the daily and H1 for BTC and XRP
- Kinda similar to what happened end December/early Jan for XRP

TP1: 1.4-1.6
TP2: 3
TP3: 9
TP4: Sale-off EOY

I can be 100% wrong but lets give it a try.
Good luck

Commentaire:

A little triangle is formed and is probably about to break upside.
This should bring us to 0.90 easily, the next resistance.
Then to 1 if the bullish momentum continues.
These 2 areas can be a problem if bulls got struggle to pass through.
Cheers.

Commentaire:

And... it's broke.

Commentaire:

Sick moves since 4-5 hours.
We reached the first waypoint at 0.9, if it can pass through it, we may be able to chill for at least one week B)

Commentaire:

Got rejected from 0.93, if we go below 0.85/6, maybe more downside moves are coming

Commentaire:

0.5 retrace. If no big downside move the next days. I'll be more confident on this trade.

Commentaire:

0.81 seems to hold since the 30 May.
We're inside a triangle, ending in 2-3 days, dunno if its up or down ?

Trade fermée: ordre d’arrêt atteint