After a brief consolidation an ascending triangle is forming. Two main resistances at 4400 and 4600
Fibonacci re-tracement did not even touch 0.5. Currency is strong... go for 5000 again
XRP price stability (with a usual higher ATR) is a good signal that investors are waiting for something to happen. Let's join the race
After a huge up trend I expect some slowdown later today also due to the temporary BTC correction
New Period after bouncing!
Hitting 3 months trend red channel bottom
Cyclical patterns due to turbulence are still approaching this incredible profitable but at the same time scary moment for the hollers. For margin traders is a typical profitable scenario with some potential successful cyclical patterns.
Oscillators signals are the best profitable option at the moment, prom my point of view. Since the situation is pretty unclear it could break or not, but selling on an oscillating period is the best option where two antagonist forces are struggling for the final price. This situation may be soon more clear, but keep oscillating for a while.
RSI momentum in addition to ATR is a combination that I found to be very useful for predicting fear and uncertainty in the BTCUSD market. I added recently to my strategy this indicator and I tested it during the last fall with a very good margin. You buy when the indicator is passing the blue line. This is also good for predicting the last wave of a bearish...
Active Trading a bit of a effort for making Bitstamp executing the positions, but a lot of potential trading margin
short term buying condition
High Risk Bet due to high cyclical patterns
Taking profit by shorting as the new target