ruckus49

ruckus49

Fib extensions are more of an art than a science, but their best application is in blue sky territory, which is where we find XRP right now. I started the fib at the .25 USD breakout which is where the party really got started. The next two points are at the swing high at .90, then back down to the bottom of the consolidation at .65 USD. You can see that...

ruckus49

Crypto traders get too wrapped up in the minute by minute plays. Daily bullish candles like this are extremely strong if they can hold the .382 retracement. If we can hold over the .236, very good chance this move will continue this week. Around the .382 we will probably see some consolidation for a bit. At the .50 or under there may be a short term...

ruckus49

this is in a very strong pullback right now. wait until it hits around this line for entry

ruckus49

we are sitting right at the .50 retracement of the big run up yesterday. looking for a major downtrend line break here to establish support for the next leg. fortunately we have a nice bullish engulfing candle here on the hourly right now

ruckus49

Look at how these rising trendlines keep getting steeper and steeper. Each time it pulls back, it perfectly bounces off the top of the old channel