Look at the daily and weekly Part II

16 thg 4, 2020

As you can see we have respected and rejected the 100% fib and is on the way back long... Looking at the 4hr time frame can play tricks on your mind in convincing you that small moves are big. The key word here is relativity... Seriously ask yourself "is the move truly as big as I think it is to change my bias? has it broken any structures on daily or weekly time frames? Or am I convincing myself of monumental, bias changing movement by staring at 1hr and 4hr charts, over fibbing, overusing trend-lines or wacky indicators?"

We see that the market has wiped out all buyers from 0.17690c and has returned back up wiping out all sellers(those who thought the market was going short from over charting) from 0.19c. I am very bullish on XRP given the climate and fundamentals. Like I said about a week ago, 0.25c and 0.30c soon come. Cheers!