Nothing fancy, Just key areas to look out for.
Have had lots of success over the past 2 weeks trading in all of its volatility.
Have had lots of success over the past 2 weeks trading in all of its volatility.
Trade active:
Congratulations if you shorted at any of the base cracks.
Currently we sit at a very important crossroad. A breakdown here would confirm big weaknesses at this level and will tumble down to the next strong resistance range Which will be below $2.
Comment:
MACD on the daily, about to cross over, This would be really nasty for anyone that purchased the top. If you opened a short on previous breadowns - keep it open.
MACD on the daily, about to cross over, This would be really nasty for anyone that purchased the top. If you opened a short on previous breadowns - keep it open.
Comment:
All previous MACD crossovers on the 1day have never been wrong.
All previous MACD crossovers on the 1day have never been wrong.
Trade active:
Potential falling wedge reversal.
wait for a retest of the first base. If it recovers/bounces up form it then you can go long, pay attention to stop losses as the market is very sentimental at the moment, Tons of speculation and hype/news chasers.
Lots of new entrants into the crypto market this year and things don't often follow any logic.
Happy trading.
Potential falling wedge reversal.
wait for a retest of the first base. If it recovers/bounces up form it then you can go long, pay attention to stop losses as the market is very sentimental at the moment, Tons of speculation and hype/news chasers.
Lots of new entrants into the crypto market this year and things don't often follow any logic.
Happy trading.
Trade active:
Next breakout possibility. waiting on clear buying signal and volumes. Wait a full candle closing. Keep stop losses in check as always.
Next breakout possibility. waiting on clear buying signal and volumes. Wait a full candle closing. Keep stop losses in check as always.
Trade active:
At a crucial point in the trend here.
Thinking forward a little bit and taking a look at other possibilities.
If the price doesn't hold where we are right now and a rejection is played out taking it to the $1.5 mark. A Breakdown from there would signal huge weakness and a big Head and Shoulders formation at play. Volume has died down considerably since the last week of December 2017. Great opportunity for short if that arises.
both XRP/BTC and XRP/USD showing the same chart trend.
At a crucial point in the trend here.
Thinking forward a little bit and taking a look at other possibilities.
If the price doesn't hold where we are right now and a rejection is played out taking it to the $1.5 mark. A Breakdown from there would signal huge weakness and a big Head and Shoulders formation at play. Volume has died down considerably since the last week of December 2017. Great opportunity for short if that arises.
both XRP/BTC and XRP/USD showing the same chart trend.
Trade active:
Please see related on idea. So far this has been very predictable and easy to trade. The only ones getting caught out are those that trade on blind hope and enter at the worst possible times.
Dont be that person!
The price action and charts provide all the information we need - no need to anticipate hype or trade simply based upon "news", that will almost certainly lead to losses in the long run as its a very poor method of trading.
Good luck!
Please see related on idea. So far this has been very predictable and easy to trade. The only ones getting caught out are those that trade on blind hope and enter at the worst possible times.
Dont be that person!
The price action and charts provide all the information we need - no need to anticipate hype or trade simply based upon "news", that will almost certainly lead to losses in the long run as its a very poor method of trading.
Good luck!
Falling wedge or parabolic trend collapse? soon will tell.