CharterX

20191026 XRPEUR Open Long Positions

Long
CharterX Updated   
KRAKEN:XRPEUR   XRP / Euro
Hi again,

So, it seems there's more to go in this new movements we have. I saw the inverse head and shoulder coming yesterday and study the volume behavior both XRP and BTC. It seems the algorithm, sentiment, what ever you want to call it it is repeating. So we may expect new uptrend coming up in the next hours.

So, for one side we have that, you may see it in Volume, and we have a clear M formation or Bullish Butterfly. It's like a new re accumulation process.

And for the other hand we have the Fibonacci Retracement to support the fractal or harmonic in place.

Red arrows indicate the volume so pay close attention in your charts.

I believe it could do the arrows movements once again, maybe not. We will see. In any case and personal opinion, time to start setting multiple long positions. If drop then fibonacci orders setup for more profits.

Hope this helps you out. Remember this is personal idea and not investment advice.

Cheers!

Charter X
Comment:
One more thing:

Possible Fractal in MacD.


Cheers!
Comment:
And another possible movement:


Cheers

Charter X

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.