XRP LONG - CUP & HANDLE?

29 lis 2020

XRP reacting nicely to the Fibb extensions drawn onto the chart. Looks as though a Cup and Handle formation is forming, awaiting breakout of the lower TF counter-trendline for confirmation to the upside.

29 lis 2020

Zlecenie aktywne

broke lower and didn't complete Cup and handle on that occasion, however, it looks as though we are heading towards another attempt. Brace yourself.

30 lis 2020

Zlecenie aktywne

We have broken above the said counter trendline but following it downwards retesting. I'm hoping we can find some support on the lower time frame of wicks produced to the left of where price currently is and find the momentum to close above the 50% level on a 4hr tf. If so we could see a push upwards after that candle closure I feel. Still finding its feet, let it breathe a bit.

3 gru 2020

Zlecenie zamknięto ręcznie

Again, frustrating and bored with XRP. it think the hype around the airdrop sparked some volume, however, ive never been a fan of the project. With the eth bridge now in place its fully bended the knee and is now owned by eth lol.