jy2tradez

XRP 1-2-3 Trend Change- Beginning of Bullish Trend

Largo
jy2tradez Actualizado   
KRAKEN:XRPUSD   XRP
Anything can be said about the near 20% dump today, crypto is filled with speculation. Shaking the weak hands out, exit scam, long squeeze, etc. etc. Fundamentally, ripple has too much behind it to go anywhere. While most crypto has enjoyed a great 2019, ripple has stayed quiet for the most part. This alone should get you wondering..... Please do some research


1-2-3 Trend line Description

1) The highest point of the trend line (C)
2) The lowest point price reaches (A)
3) The point where price breaks the trend line (1)
4) The point where price attempts a new low (2)
5) The point where price makes a high (B)
6) The point where price breaks above point B (3)

Once we get passed Point B, expect a parabolic run. Q4 is here
Comentarios:

Bullish hammer as expected. This is the closure we wanted on the weekly. that long wick shows the demand
Comentarios:

another TL retest
Comentarios:
one of these rejections.... maybe during the new weekly?
Comentarios:
Look for some action after the 4th bounce

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.