First time we have seen it break above the Moving averages on the 3 day. Also looks likely that we may have finished or nearly finished wave 2 of a possible set of 5 EW waves.
Also I do like XRP long term, mainly due to the big names it has behind it, if there are any doors needing to be opened then these people will be able to open them thats for sure
So conclusion here is that we have a high probability, high reward low risk trade
No problem, thanks for the comment. Yeah when i use day charts the idea is that i use only the fib sequence numbers of 1,2,3,5,8,13,21. I use minute charts i only use the fib sequence numbers too, but starting at 21, so 21,34,55,89 and so on, just experimenting with things really, but i find using fib numbers on the moving averages against in tandem with time intervals helps proves helpful.
Captain_Walker
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Very interesting. I'd never thought of doing a 3-Day time frame before now. When I look at it my perspective changes. I see a developing (but struggling) trend more clearly for the north. Many thanks for sharing and doing something different. :)