Ripple Analysis - 31 January 2018
3 HURDLES RIPPLE MUST OVERCOME
1. It needs stay above the green trend line, going into tomorrow. We're seeing a doji candlestick, so a bounce tomorrow might be a possibility.
2. Close above the 23.6 Fib levels for a more comfortable hold, signaling a clearer change of trend.
3. EMA 9, EMA 20, EMA 50... In that order.
*This is for educational purposes. If you see something wrong with my analysis, please feel free to comment below. I'd love to learn more.
1. It needs stay above the green trend line, going into tomorrow. We're seeing a doji candlestick, so a bounce tomorrow might be a possibility.
2. Close above the 23.6 Fib levels for a more comfortable hold, signaling a clearer change of trend.
3. EMA 9, EMA 20, EMA 50... In that order.
*This is for educational purposes. If you see something wrong with my analysis, please feel free to comment below. I'd love to learn more.
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