$XRP Eyeing the bounce...

31 thg 12, 2017

Keeping an eye on XRPs correction after such a massive climb. We look to be bouncing around in a falling wedge (in orange) that's sitting within a larger, 3-week channel (in green). The tip of the falling wedge intersects with our previous rising wedge support (in blue), our channel support and .236 fib. Also of note, the 1/2/3/4h RSIs are all oversold.

Looking for a strong bounce and confirmation around those levels before jumping back in. If that doesn't hold with the low volume we might have through the holiday weekend, we'll be looking at previous supports/resistance/fibs to catch our fall to begin the new year. Overall, 2018 looks to be another great year for crypto and XRP.

31 thg 12, 2017

Ghi chú

Zooming in on our wedge...

31 thg 12, 2017

Giao dịch đang hoạt động

Got a nice little breakout about 3/4s of the way down through our wedge.

3 thg 1, 2018

Ghi chú

So far so good, our confirmation for entry was solid. About to retest ATH on trex. Already there on several exchanges.