Just trying out some TA here. Can someone tell me if I am doing the fib retracements correctly?
Looks like we are getting near the end of this short term triangle and we have a nice green candle on 1HR chart.
MACD and stoch both looking up so we may see a bull run going into the weekend. Or if momentum slows, we may drop to the .382 or .236 levels.
Looks like we are getting near the end of this short term triangle and we have a nice green candle on 1HR chart.
MACD and stoch both looking up so we may see a bull run going into the weekend. Or if momentum slows, we may drop to the .382 or .236 levels.
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As predicted momentum slowed over night and we had a drop to the .382 fib level. 1HR stochastic is going into oversold right now with longer timeframes also approaching oversold. We may have another small rally up to resistance and come back down to the .236 level, or volume may pick up and we'll break out to 6500+.
As predicted momentum slowed over night and we had a drop to the .382 fib level. 1HR stochastic is going into oversold right now with longer timeframes also approaching oversold. We may have another small rally up to resistance and come back down to the .236 level, or volume may pick up and we'll break out to 6500+.
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OK I'm starting to feel like XRP is never going to go up. I can reduce my loss if I sit there and actively trade it all day, but then I look away for 10 minutes and the price has dropped significantly and put me right back to where I started or at a bigger loss. Has anyone had any luck with XRP?
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UMMM XRP!?!?!?
UMMM XRP!?!?!?
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Well I was a little early on my original prediction but XRP showed me today that it still has SERIOUS profit potential. We nearly touched the long-term resistance line before correcting a bit, and it looks like it's ready for another wave up. We might even break out of resistance soon so keep your eyes on the charts!
Well I was a little early on my original prediction but XRP showed me today that it still has SERIOUS profit potential. We nearly touched the long-term resistance line before correcting a bit, and it looks like it's ready for another wave up. We might even break out of resistance soon so keep your eyes on the charts!
