Double Bottom And Pump Or Simply Just Dump?
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Ron (The Intrepid Trader)
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Ron (The Intrepid Trader)
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Double Bottom didn't happen, but it's now headed to the bottom.
Will this rebound from the 0.618 or continue down to the 0.786 level.
Watch the bounce.
Will this rebound from the 0.618 or continue down to the 0.786 level.
Watch the bounce.
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Rebound Or Further Dump?
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If it looks like an XRP Bull Flag, feels like an XRP Bull Flag, and the fractals tell the same story, then expect an eventual pump.