Targets are in the chart. Love to hear the feedback.
I'm stop loss bullish here. stop losses below Pennant 2 diagonal (bottom side obviously)
I'm stop loss bullish here. stop losses below Pennant 2 diagonal (bottom side obviously)
Commentaire:
I should Mention, .865 salso a target
Commentaire:
Very much on the fence here if you can't already tell. The super wick to .75 has made TA here rather pointless. Ill start by saying that across the board, on many coins, we are at breaking point. I think the next 12hr's are going to be interesting. Ripple seems to be breaking away from BTC, or trying to so far. but here's the thing. Ripple was designed for bankers. It's a tool for transfering money so Ripple itself is not the end goal. Bankers need the price to stay low. what is a low price, who knows, but i know it will be kept down, whether that means 50c or $10, i can't say. but the higher the price, the higher the fee's, which is bad for bankers but great for Ripple. Subtract the wick, and you have yourself a clean double top. from here, I believe .54 needs to hold to remain bullish. looks like we could be heading there right now
Commentaire:
Commentaire:
Mostly Bearish forecast. minimal targets on this one. TD sequential called both tops on the 4hr with red 9's, 200 ma has offered a lot of support here at the this 55 level, not sure if it can hold much longer. .54 is the Ma cluster on multiple time frames, if it breaks .525 - .54, well, cya.
Commentaire:
Commentaire:
hidden bearish divergence, this is not the bottom for a reversal in my opinion. need to go deeper. also, this a pennant continuation
