Hey guys! Important but quick XRP TA!
We've got this new mountain entry as well as 200 EMA entry on the 1 minute chart as XRP and Bitcoin regain their footing and moves to stay above $20,000! Below I've added that 1 minute chart to show you guys what's going on and I wanted to let you guys know that it seems like we're breaking that support and right now we're forming a higher high on the chart.
We've broken above the 0.329 support level but in these cases we can definitely get pulled back down and just resume to our downtrend. I've added a new trend line that you can see on the one minute chart. If we move below that trend line we can easily see a mountain fall and see that 200 EMA exit by which then we'll be back at it with the fall.
As I type this idea I'm looking at the chart and seeing that we're getting hit hard with big sell orders as bears seek to sell on us and put us back on that descending path so this is gonna be another tough fight bulls will have to face to stay above that 0.39 mark. So watch for everything I've said and that trend line! We break that it's down hill and we'll also likely have seen a mountain fall form by then! So watch out now for these things!
Keep well and if you like the idea feel free to leave a like and follow!
~ Rock[b
We've got this new mountain entry as well as 200 EMA entry on the 1 minute chart as XRP and Bitcoin regain their footing and moves to stay above $20,000! Below I've added that 1 minute chart to show you guys what's going on and I wanted to let you guys know that it seems like we're breaking that support and right now we're forming a higher high on the chart.
We've broken above the 0.329 support level but in these cases we can definitely get pulled back down and just resume to our downtrend. I've added a new trend line that you can see on the one minute chart. If we move below that trend line we can easily see a mountain fall and see that 200 EMA exit by which then we'll be back at it with the fall.
As I type this idea I'm looking at the chart and seeing that we're getting hit hard with big sell orders as bears seek to sell on us and put us back on that descending path so this is gonna be another tough fight bulls will have to face to stay above that 0.39 mark. So watch for everything I've said and that trend line! We break that it's down hill and we'll also likely have seen a mountain fall form by then! So watch out now for these things!
Keep well and if you like the idea feel free to leave a like and follow!
~ Rock[b
