Hello Y'all!
We're currently watching Ripple hitting the top resistance channel which means it's an awesome time to short!
We can also see that the BTB has had 3 bounces, the AB=CD pattern predicts a fall to the lower resistance level.
Entry: 0.32479
Stop Loss: 0.331
Hello Y'all!
If you remember my last analysis I put a buz-zone on the chart, expecting a bounce. Since price action never showed strength in the buy zone, we avoided the long trade altogether. (Remember to always wait for confirmation)
So what's going on right now with ripple?
We can see that it is currently in a little consolidation zone, and price are starting...
Hello Friends!
BitBotly here with a simple analysis of the future for Ripple.
But first, let's look back!
As you can remember, our algorithm gave us a signal for a buy zone that we drew on the chart (18 aug 06.30)
Since then price plummeted through all sorts of resistance without reacting causing many panic-sells, furthering the panic and drop in prices.
We...
