XRP
Long
Updated

XRP 10th november +

492
I bought at the green arrow.

This is the new frame, chanel, resistance, etc. The important thing it's we are going up. We'll see how step by step. It will take time, we're in recovery market. So, be patient !
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All is in a good way ! bearish momentum is fading away. Price bounce on the trend line.

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Heading toward .51 resistance
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A dip may occur and bounce on the trend line.
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My advice is: don't touch anything. we'll the situation 24h later
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Dip and bounce as expected. Nothing will move really in the next few hours. Probably another bounce on the trendline
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Back on the support. Dip less than 2%. meanwhile ETH: less than 2% ETC:-4%. BCH:-6%. XRP usually so volatile hold very well :)
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6h chart: if support hold, there is a bullish divergence
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It's only speculation:
XRP/BTC follow the path. But BCH/BTC seems not on it's support, and no bullish divergence on 6h timeframe ! So, there is a good chance there will be another Small up/ down. A 1.5% dip is nothing. So... Hold. buy the dip if you want. the 0.49 support may hold. Be patient, wait.
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Bullish divergence triggered 24h later :)
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heading .55 resistance now.
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Don't forget, it will take time !
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Some range trading to scare some people. when 4% dump, 8% long dump ! All remain in the uptrend chanel. "buy the dip". And hold. snapshot
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WARNING, the situation may have changed. If the support hold, perfect. But if it breaks... Down to 0.45-0.46. All depends on BTC. If BTC hold=> sideway. If BTC dump=> break of the support
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BTC dumped. Support broken ! My idea was good for 4 days.
I used 1h-4h-6h charts. To see further in the future, I may use higher timeframe charts. Thanks to everyone !
Trade closed manually
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Trade closed just before the storm !!!

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