Sometime we bounce from a point and show no follow thru. But bouncing from a point with follow through and showing strength gets me thinking. A placed a green line here at 27 cents that to me shows large amounts of strength. It breaks a lot of resistance in this are and is currently holding up to pressure and other key areas. The 6 hr is very impressive to me once...
Going with a fib extension on this one I see we hit that 127 fib nicely.
Still going bullish to me. reaching a weekly res so things should play out here soon.
Moving with the MA100 we see things getting close to a decision point.
Thing still not looking good for the XRP guys. Im looking at that fib 1.272 like a hawk. Either way some money to be made here if down or up.
Looks like the play came thru and now we can see a little better whats next
Just looking at things from a neutral way cause we have seen some bullish movement i wanted to share some trend lines I've been watching and why 3900/3800 area is still in play for me. To me low volume on such a critical area having to take out trend lines,Rsi previous high tapped out at 76, biggest volume was at 3600 area. In a already bear market. Ill be taking...