As you can see over here is XRP chart for the past 3 days. Starting with beautiful spike on 30th and immediate retrenchment on 31st Jan. Pretty much failed to hold long trend for at least few days. The reasons is unknown, however to utilize on current situation, There are 2 areas for long and short entry. This could be sideways for few days as according to volume...
REDACTED XRP INTRA-DAY BREAKDOWN
What has occurred since our last INTRA-DAY BREAKDOWN FOR ETH ?
‘’TO CONCLUDE:
- EXPECT SLIGHT BULLISH ACTIVITY TO 0.377-0.38$
- THEREAFTER, EXPECT A DROP TO 0.34100$ AT THE MINIMUM.
- AT 0.34$ THERE COULD BE SUPPORT FOR US TO RETEST 0.41$ (MORE REALISTICALLY 0.39$ ONE MORE TIME).
- THE BULLS ON XRP ARE RUNNING OUT OF MOMENTUM...
All showing divergence on this 4h timeframe. Looks like we've hit the bottom with the last long wick printed this morning. Confirmed with RSI sloping upward.
Note: Check the hammer bottom on BTC as of JAN 22 on the 6h... OBV on the 3D looking delicious, MACD on the weekly about to cross... enjoy!
Not trading advice, just a good idea.
BITFINEX:BTCUSD
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This is my description under my chart of a very big bull flag that will start
to break up soon and show us some action.
I definetly like how XRP has been holding up during this bear market and i like especially how
this pair is starting to trade much more like a mature market.
THE WORDS IN THIS IMAGE ARE IMPORTANT THREAD WITH WORDS IN COMMENTS.
fly or die
if entering now place a stop with at least 6% room
(potential longer 5th wave in an ABC correction)
*GOING AGAINST THE TREND IS DANGEROUS*
At some point later December I was long in the green box (support area) with a target in the purple box (resistance area)
I think the same long would be valid again here, as XRP is the standard and the support zone in the green box is actually holding higher than previous, so bids staggered for lower in the green box for a long. I am playing a long from here with...
ETHUSD is approaching our first support at 115.46 (horizontal swing low support, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 140.91 (50% Fibonacci retracement ).
Stochastic (21, 5, 3) is testing our support where we might see a bounce in price.
Trading CFDs on margin...
LTCUSD bounced off its support at 29.39 (61.8% fibonacci retracement, horizontal swing low support) where a further rise might occur pushing price up to our major resistance at 35.33 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is bounced off its support where we might see a further rise in...
Bulls got problems with the upside break above 10000/11000. So another rally and failure within that zone might be great selling opportuniity. Tight stop and target around 7500/7000.
![XRPBTC: [+] BullFLAG #xrpthestandard $XRPBTC](https://s3.tradingview.com/d/DssbI6YR_mid.png "[+] BullFLAG #xrpthestandard $XRPBTC")
![XRPBTC: XRPBTC [Daily] Selling opportunity is coming...](https://s3.tradingview.com/q/QSdTlrVZ_mid.png "XRPBTC [Daily] Selling opportunity is coming...")
