FerdiHodler

RIPPLE RETURN TO THE MEAN

FerdiHodler 업데이트됨   
BITFINEX:XRPUSD   리플
If I take a MULTICOIN approach there are a lot of trend line that are at -20% from now. To validate this idea, Bitcoin have to break down at 6000. (I see as really improbable that ripple will go further down if bitcoin beginn to grow again).

for that you can refer at the MULTICOIN approach with reevaluation of the situation at each time.

actually we are still not ready to break down

price as jumped very rapidly from the support yesterday, which for me is a sign that for the moment bears will have difficult to break down. on the other hand, bulls failed to push the price strongly up.


For this reason I see In the short term a relevant price decrease very improbable. So actually I'm in.

If I look at the fractals, then look at this one.


if this pattern repeat, the more probable thing is a rejection of the channel resistance, and break down to -20% from now.


BIO

코멘트:
MULTICOIN approach

코멘트:
Bitcoin want to go more down .

코멘트:

Big Bullish bat on neo.
코멘트:

Channel resistance
코멘트:

Channel as been broken. As espected first resistance is the dotted orange line. After a break up of the downward channel i wait for more upward movement.
It s to reevaluate if it will arrive to the resistance of the big downward channel
코멘트:
So easily at target..
More up still possible
코멘트:

BUtcoin test the descending trendline from ath and the resistance of the inverse head and shoulder. Too good to be true , a break out above this level will be strongly bullish
코멘트:
A nice adam and eve double bottom.

The break out of the first orange line will bring ripple to 0.6. This will invalidate the idea of a return to the mean.
코멘트:

my bullish termometer is slightly changing idea about the very short term. The correction of bitcoin that I was waiting is very slow
Every thing is slightly becoming rounded... here an idea for the long term on ripple.

for the short term I just published a possible cup and handle on EOS.
Bitcoin is sinking relatively less as I expected
코멘트:
or maybe we are redistributing bitcoin again.

Still wait for more clear signs
코멘트:
Another bottom?

Break down will bring ripple 20 percent down.
코멘트:

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