Ripple is not creating a happy pattern with much of any potential to the upside. While BTC and ETH are trying to form a continuation pattern. Ripple just isn't at the moment.
Daily chart.
MACD looking bad, about to cross.
RSI not happy
Zooming in we have MACD about to cross and we are forming this descending triangle, which is not a happy sign. We really need to test this 91 cent area again for a continuation move. If we get a clean break of 80 cents, we are going to 70 cents at least.
If you are still in a position take half off the table and set a stop. Use caution and happy trading.
-Sherem
Daily chart.
MACD looking bad, about to cross.
RSI not happy
Zooming in we have MACD about to cross and we are forming this descending triangle, which is not a happy sign. We really need to test this 91 cent area again for a continuation move. If we get a clean break of 80 cents, we are going to 70 cents at least.
If you are still in a position take half off the table and set a stop. Use caution and happy trading.
-Sherem
Nota
and please smash that like button if this helps! thanks!Nota
You can see now why I was biased towards the down side.... Down we go. Watch this 80 level, if it doesn't hold we are going to 70Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

