XRPUSD - Still holding ascending penant formation

2018년 1월 8일

In the last 24hours, we've seen XRP do some interesting things. Mainly because it seemed like we were beginning to have consolidation around the 2.65-2.7 mark, which leads to the belief of getting ready for another run. However, every time XRP was 'bound' to breakout, it was actually STILL within a bigger pennant before surging up a significant amount and that makes absolutely all the sense. Why? You can't expect a small stumpy triangle to breakout and gain 50% value in no time... There needs to be a windup before the spring upwards.

Take a look at the MACD and RSI. To me, this is a really good buying opportunity and of course depending on your goals and risk appetite, you can make your choices. You can choose to trade within the triangle or you can choose to trade for the long term. Either case a $2.4# buy in is a great deal in my eyes for a coin that will perhaps surprise us all in its valuation in the future OR a coin that will stabilize between $5-10?

As I read more on here, I'm further learning that helping others only returns a positive. Therefore, I wish you the best of luck and if something of mine helps you, then that's all I wish for.

2018년 1월 8일

노트

It looks like we're going to break out of the pennant.

2018년 1월 8일

주문취소됨

What a cliff dive.

2018년 1월 8일

노트

IF********* we're about to go on the same as previous runs.. when we hit bottom or 0.236FIB, would be the start of our next run. Food for thought.

2018년 1월 8일

노트

2018년 1월 8일

노트

MACD crossed at 30 and 45min chart - 1hr chart on the verge of crossing over. The signs are beginning to look good again for a run. RSI looking quite reasonable too.

2018년 1월 8일

노트

2018년 1월 8일

노트

Almost decision time.

2018년 1월 8일

노트

Sorry wrong timing for the chart. here's the appropriate one.

2018년 1월 9일

노트

Still on track.