Fifty
ok , a proper review of rippleok, most of you know i am self taught.
Here we go.
Ever since Nov 16, and unlike others, Ripple has been climbing within an ascending revers pennant pattern.
As of this writhing , it still sits comfortably above the macd red line , which have both made a stunning move upward today. Aroon has been topping several times today , with it's red line down nearly completely. The Adx/dms flirted between white and green as it rose topward , well above the red line.
I drew the channels out on the chart, which i hope you can see here.
Ripple seems to be the alternative to bitcoin and other once high value and stagnant currencies that people don't want at the moment, and they are discovering that it wouldn't take much for ripple to be the instrument all the burnt f.o.m.o. people may have been looking right at all along.
Investment in ripple, whose price is on the increase could cause it to double, triple, and so on until the sort of returns the crypto community has been looking for since early this year.
50 nearly happened today and it CAN , and once that barrier is broken the sky is the limit IF the community treats it that way.
Good luck out there.
My opinion**
Caveat Emptor
Fortis fortuna adiuvat
UKOIL:Brent Crude Long set up from lower down at 51.09 if struckUKOIL Brent Spot: Like WTI it will hopefully get sold sold off on open in Far East about 10pm Eastern US time - if it does it should present a good buying opportunity at 51.09 for rally to 52.53, then 53.50 - worth setting a buy order up and seeing if it gets struck - and if it doesn't do the ideal and rallies from here and not lower down, it's still worth following on a move through 50.95 for rest of rally as above