ChristiaanvanderMerwe

ChristiaanvanderMerwe

Looking for a daily hammer close. Sweep the lows and then reverse, times well with BTC consolidating here.

ChristiaanvanderMerwe

If you hate money, don't buy XRP.

ChristiaanvanderMerwe

Bulls need a successful retest and then some follow through to remain bullish on XRP here. Or else there will be once more chance to load up at ~ $0.385

ChristiaanvanderMerwe

See you on the other side of $1.12 which is where a re-assessment will be made.

ChristiaanvanderMerwe

XRP looking very bearish on the inverse chart.

ChristiaanvanderMerwe

Nothing to see here, see you on the other side of $6,000. (this is only if price breaks and closes below the previous swing high i.e. the top blue line).

ChristiaanvanderMerwe

Local Top on BTC giving space for ALTs to make some bullish moves. XRP is above moving averages which have proven to be resistance for more than 3 months. This is significant.

ChristiaanvanderMerwe

Will BTC consolidation give space for XRP to run or will it bring everything down with it. The latter will likely take XRP back into the demand zone one last time before we see ~$0.80

ChristiaanvanderMerwe

Buy signal if XRP trades and closes above 50 day Moving Average. All Targets must be achieved.

ChristiaanvanderMerwe

With the limited supply, and assuming BTC can steal a fraction of the market share of GOLD, 100k is not out of the question. There is not even the need for mass adoption as a currency, which is just involves too much speculation at this point.

ChristiaanvanderMerwe

I would not be surprised by a move like this in the least. Could happen a lot slower but this is CRYPTO, ALTs fly at the hint of a Bull Market (Especially XRP).

ChristiaanvanderMerwe

After breaking significant long term resistance, XRP is consolidating and painting a bullish pennant which is a continuation pattern. Given a break to the upside, ~$0.60 is the next logical Target. Although I am cautious as BTC seems to be running out of steam, which could tank XRPUSD or give XRPBTC some space to recover.

ChristiaanvanderMerwe

When it hits the buy zone, what do we do? Fill out HOLO bags.

ChristiaanvanderMerwe

Hopefully some lower bids get hit. Although it could break up from this pennant without hitting lower channel support, however it does not feel like the buy pressure is there.

ChristiaanvanderMerwe

After the impulsive breakout (supported with volume), this wave 2 retracement provides the perfect opportunity for re-entry. Looking to scale out at the completion of Waves 3 & 5.

ChristiaanvanderMerwe

Choo Choo.

ChristiaanvanderMerwe

Soon as the Local top for BTC has been established (I believe we are there for the moment), XRP/BTC is going to bounce hard. Parabola about to break.

ChristiaanvanderMerwe

Breakout of both down trend-lines, with VOLUME. Price broke through and is trading above both the 50 & 100 Day Moving Averages with the 50 day about to cross the 100 day. How is this not a bullish retest of the down trend line? I would love to see counter ideas...