XRP/BTC / 1h / New trend?

2021年2月4日

This is not financial advice, this is just my perspective.



We just jumped above the 20-50 EMA
if we have confirmation candles closing above today's high we might be into a new uptrend.

We could go for the fib 0.382 0.50 levels from the previous downtrend as possible upcoming resistance

Currently we are fighting an old resistance level around the price of today's high, we are waiting for the candles to close above it.



Let me know what you think.


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2021年2月4日

注释

New daily high, on track to test the .382 level.
Remember to raise your stop losses.

2021年2月5日

注释

Currently stale but still being support by the 20 EMA.
This could be the correction before a 2nd impulse wave.

2021年2月6日

注释

Hit stop loss at .1200 but we could still be going for the same targets in the long run.
BTC is dumping on alt coins at the moment,
we are looking at the previous uptrend retracement around 1070 to hold as support.