Hey Y'all!
BitBotly Here with some quick thoughts on the current state of ripple.
As we can see, we have a bull flag and a falling wedge, both patterns are indicative of a breakout to the upside. The thing is, the bull flag has broken to the downside, which confuses the traditional point of view on bear flags. (they usually break to the upside)
This could be a larger pattern forming, stay in cash until Ripple gives us a clear direction with an explosion in volume and volatility.
Watch out for the big support line (black) and stay on your feet until Ripple has left the zone of big reactions (yellow)
Like this idea so you don't miss out on our entry!
BitBotly's full trading history
Prev. Idea:
BitBotly Here with some quick thoughts on the current state of ripple.
As we can see, we have a bull flag and a falling wedge, both patterns are indicative of a breakout to the upside. The thing is, the bull flag has broken to the downside, which confuses the traditional point of view on bear flags. (they usually break to the upside)
This could be a larger pattern forming, stay in cash until Ripple gives us a clear direction with an explosion in volume and volatility.
Watch out for the big support line (black) and stay on your feet until Ripple has left the zone of big reactions (yellow)
Like this idea so you don't miss out on our entry!
BitBotly's full trading history
Prev. Idea:
코멘트:
This might be the moment of truth, get ready!
액티브 트레이드:
SHORT
Entry 0.3293
Entry 0.3293
거래청산: 타겟 닿음:
0.32198
Profit: 7.5 %
on Bitfinex
with margin 1,0:3,3
Profit: 7.5 %
on Bitfinex
with margin 1,0:3,3
코멘트:
We have updated our trading history to reflect this trade
See it here: tiny.cc/TradingHistory
See it here: tiny.cc/TradingHistory
코멘트:
액티브 트레이드:
A new trade, check out our entry (It's not too late for you)