Fomo is rife across comment boxes and the chatroom, Ripple has failed to break the .618 fib for 5 days running, and it went parabolic. Sounds like a great combination for a short entry back to the .88!
Yellow vertical line targeted on the tweet that PNC bank have joined cripplenet.
Trade null and void if .618 (.00009000) holds for a couple of days, but if this is the case it would likely move impulsively to the upside due to market closing margin positions.
Cloned a fractal and popped it in the intended path of direction. lets go!
.00003100 target.
Basil
Yellow vertical line targeted on the tweet that PNC bank have joined cripplenet.
Trade null and void if .618 (.00009000) holds for a couple of days, but if this is the case it would likely move impulsively to the upside due to market closing margin positions.
Cloned a fractal and popped it in the intended path of direction. lets go!
.00003100 target.
Basil
Trade active
Rising wedge in downtrend - checkBearish divergence on the RSI - check
Macd curling downward on larger TF - check
Top buyers identified in their masses - check
Note
Trade active
the cracks appear to show as 'top' authors are sill calling for more upside.Note
1D timeframe bearish Div showing and macd reaching crossing pointTrade active
weak bounce on the 4HR TF expecting downtrend to resume in coming hoursNote
Next target: 7200Note
First target of 7200 hit within a whisker on an impulsive down move. possibility of a flag forming here or fallout all together which looks more probable due to price action. next target first flag below price Note
well it looks like we're going down again Trade active
Touched base a few Satoshis shy of the initial Take profit target. 3600 levels to watch for support/resistance building until further direction can be assumed.Note
1173 next area of interest as per original chartTrade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.