Our previous play was . We were wrong but we banked some money.
Analysis summary
Black lines denote daily range.
Green zone - bottom of value + previous origin of rally.
Entry tactics:
On lower timeframes we look for
1. pinbars + engulfing candle
2. h & s
3. consolidation + breakout
I'll post my entry later. Stay in touch, guys!
It seems ripple has finally broken out of the triangle, get in before ur late.
But do not forget to put your stops slightly under yellow resistance line which is now support.
According to my analysis we're starting wave 5 which is usually the longest in cryptos (that means more $$$ to be made).
Also notice how little we retraced in previous waves.
This indicates the uber bullish sentiment of the crowd. I wouldn't be too surprised if we overshoot all targets.
I find it strange noone did an analysis of Santiment coin. I tried to fill the gap.
Please see the charts. If you have any questions leave them in comments.
Thanks!
