XRPUSD moment of truth. Is it a double bear trap, or an invalidated Bull flag.XRP forum
XRPUSD moment of truth. Is it a double bear trap, or an invalidated Bull flag.
XRPUSD this really really sucks when you know it's gonna break out and go on up and you can't buy a dang thing till Sunday at midnight. I'm guessing it'll be on past 3 bucks by then. we'll see
XRPUSD are we Bull flagging?
XRPUSD 4 hr chart
it's holding support which was one resistance. if it breaks 2.65 that would be very bearish.
macd creating a bearish crossover but still 3 hours to go, needs to cross with low volume for a fake dump or even better not cross at all.
XRPUSD new ath would be nice
XRPUSD when XRP controls 5% of SWIFT transactions ( ~$300B/day) the XRP price has to hit $90 - $120 without any additional momentum. Assumes 64 billion XRP remains in a liquidity pool. This will happen over the next 12 - 18 months. Many other factors can take the price higher.
XRPUSD bout to dump back to 2.26XRPUSD looks like a bigol bear trap wedge again so far angle looks steeper than the cone that's a good sign
XRPUSD My strategy. pick a stock that has STRONG contracts with institution and a bright future. Identify bull flags and sell hype/buy fear:
*When I see a parabolic spike this is when people buy like a feeding frenzy and they always get carried away. I sell at the first sign of faulter
*buy on the reversal of the second correction.
*Then I hold for the cone of the bull flag to form (ALWAYS DRAW FROM SECOND SPIKE) analyze if its pointing up or down and the strength of the angles.
*THEN WAIT for the bull trap/ bear trap zone of uncertainty to finish and pick a direction. ONLY then do I choose to buy or sell.
XRPUSD we are now in a range.
2.85 resistance vs 2.65 support
we now wait and see which side breaks. lets hope 2.85!
macd & rsi bearish right now but a change of trajectory will be a bullish sign.
