$XRPBTC What You Talking About Willis

13 oct 2019

Monthly: Tweezer bottom left by August & September's candle, support found @ 2400 satoshis. Last time the price was this low XRP was listed on Binance, the following month price fell to 60 satoshis with a beautiful recovery. Price remains in a downtrend with a new low formed, expecting to see XRP to push for a new high (whether its a lower high or higher high)


Weekly: Price continuing to respect its bearish parallel channel. A close above 3272 satoshis should push XRP to a new high. Sept 23rd weekly candle leaves an imprint of break & retest. Stochastic RSI showing momentum in favor of the bulls with a short term cooling period.


Daily: XRP continuing to respect its minor uptrend. Symmetrical triangle broken and retested "Oct 5th-Oct 11th". Price now looking to form a higher high, rejection from this level could send XRP to 2700 satoshis. A daily close above 3320 is a good indicator we are heading up.


4HR: XRP respecting its 4hr uptrend, price now showing a bullish pennant. Stochastic RSI showing momentum in favor of bears. A 4hr close above/below the levels shown shows XRP next direction.