So this is my first video using Tradingview's new video feature, so do please be kind! HAHAH.
I really like the feature and think it will be much more helpful to some if they are able to hear someone speak to what they are looking at.
Overall, i remain very bullish on XRP and think we'll be seeing some great growth as soon as the market as a whole bottoms and most coins resume their up trends. In this video, I attempt to explain how i look over my charts each evening, so you get a sense of how i scan and make my decision on trades. I'll be looking to do more videos like this over more pairs and maybe even some videos on how I draw up my charts. Let me know if you would like to see that.
Chart Info
At the moment, my charts are indicating the bearish pull back is still in play, but that the .00010500 area is acting as good support and holding price to the .00010500 - .00011500 range. I'll be looking for a break of the trend line i drew on a four hour or above before believing we're moving out of this consolidation period.
if we get a 4 hour close below .00010500, i would not be surprised to see price test test the weekly .618 / daily .786 Fib zone on my chart as we did on Jan 16th and 17th. I do think that zone will hold though.
I think current price is a great buy and any dips would be even better.
I really do hope you found this video helpful and if so... give me a like, share it, and leave me a comment.
I really like the feature and think it will be much more helpful to some if they are able to hear someone speak to what they are looking at.
Overall, i remain very bullish on XRP and think we'll be seeing some great growth as soon as the market as a whole bottoms and most coins resume their up trends. In this video, I attempt to explain how i look over my charts each evening, so you get a sense of how i scan and make my decision on trades. I'll be looking to do more videos like this over more pairs and maybe even some videos on how I draw up my charts. Let me know if you would like to see that.
Chart Info
At the moment, my charts are indicating the bearish pull back is still in play, but that the .00010500 area is acting as good support and holding price to the .00010500 - .00011500 range. I'll be looking for a break of the trend line i drew on a four hour or above before believing we're moving out of this consolidation period.
if we get a 4 hour close below .00010500, i would not be surprised to see price test test the weekly .618 / daily .786 Fib zone on my chart as we did on Jan 16th and 17th. I do think that zone will hold though.
I think current price is a great buy and any dips would be even better.
I really do hope you found this video helpful and if so... give me a like, share it, and leave me a comment.
