Hello everyone,
if you followed my last XRP chart from August 8 you are involved in the last 40 % gain so far. Alternatively you loaded yourself up
during testing the main support around 0,15 USD. It was a little bit risky move due to bullish confirmation zone being at 0,20 but
it made us a decent profit already as we bought in 3 - 4 days ago.
What can we expect now?
We need a consilidation around current level. We can see that our previous chart is still good enough as Ripple is retracing Fibonacci levels
exactly as we anticipated. A sideway movement will be a bullish sign right now. Once the market will gain confidence and bears will accommodate to the changed market conditions we could see another move up. One more test ride to the 0.25 level could be expected
before brake through the heavy supply level. Once it used to be a solid support zone so a pullback from this zone would't be a surprise.
We can see good things ahead. XRP after a few long weeks finally finished its burst bubble bear crawl and the current move was very strong and decisive. Congratulations to everyone who holded the whole time and also to the ones who managed to buy in as stated above.
Your feedback is greatly appreciated. Thanks for watching and see you next time.
Good luck and Peace!)
if you followed my last XRP chart from August 8 you are involved in the last 40 % gain so far. Alternatively you loaded yourself up
during testing the main support around 0,15 USD. It was a little bit risky move due to bullish confirmation zone being at 0,20 but
it made us a decent profit already as we bought in 3 - 4 days ago.
What can we expect now?
We need a consilidation around current level. We can see that our previous chart is still good enough as Ripple is retracing Fibonacci levels
exactly as we anticipated. A sideway movement will be a bullish sign right now. Once the market will gain confidence and bears will accommodate to the changed market conditions we could see another move up. One more test ride to the 0.25 level could be expected
before brake through the heavy supply level. Once it used to be a solid support zone so a pullback from this zone would't be a surprise.
We can see good things ahead. XRP after a few long weeks finally finished its burst bubble bear crawl and the current move was very strong and decisive. Congratulations to everyone who holded the whole time and also to the ones who managed to buy in as stated above.
Your feedback is greatly appreciated. Thanks for watching and see you next time.
Good luck and Peace!)
Bình luận:
Short target 0.28+ area.
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Short Target Hit :)
Waiting for Retracing to 0,25-6 lvl.
Waiting for Retracing to 0,25-6 lvl.
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We are back in fully loaded. Waiting for the next upswing - hopefully braking through the heavy 0,3 resistance.
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This flash crash was EPIC. Hopefully you had solid hands and bought more as we did:) Corporate whales making waves.
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Do not let the market to shake you out. Stop Loss should be under 0.2 lvl. Wait and laugh later:)
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If you followed my charts lately you should be locked in a nice profit now:) Patience is the key.
