A possible short term uptrend reversal.
Reason- Bitcoin price rolls down so XRP BTC goes up.
There is no strength in XRP BTC so be cautious. All this situation may change in minutes.
If the price keeps go up we have a couple entry points.
BUY 2670 very risky trade.
BUY 2810 moderate risk trade.
BUY 2870 normal risk trade.
BUY 3080 no-risk trade.
Reason- Bitcoin price rolls down so XRP BTC goes up.
There is no strength in XRP BTC so be cautious. All this situation may change in minutes.
If the price keeps go up we have a couple entry points.
BUY 2670 very risky trade.
BUY 2810 moderate risk trade.
BUY 2870 normal risk trade.
BUY 3080 no-risk trade.
Note
My entry point is 2590Note
nothing change. no strength in XRP at all. BTC up XRP down. BTC down XRP up. We just broke down and made another low. If we will not return into the channel, we may fall all the way down to 2055.
My long term worst-case scenario target is 1850. If we go below it, autumn and maybe winter will be shitty for XRP.
Note
short term bullish. It is the first time when we see so much hidden strength. Definitely buy-in. I got some more XRP entry on 2470
Note
BUY 2670 very risky trade. check. BUY 2810 moderate risk trade. pending.
we are one step from the beginning of a strong bull run.
Trade closed: stop reached
LOL
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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.