Two orders can be placed with this analysis.
- Consolidation forming within the descending triangle . Price can only be doing 1 of two things, consolidating or expanding. So after this expansion follows consolidation.
- BTC gaining momentum (just blew 10,000), cryptos generally move in the direction of BTC due to its vast market share.
- Weekly Market Structure high broke TWICE so expect downward pressure on prices (slight decrease in the value of XRP before we go to the moon).
- could see 0.39 before we lift off!
- Consolidation forming within the descending triangle . Price can only be doing 1 of two things, consolidating or expanding. So after this expansion follows consolidation.
- BTC gaining momentum (just blew 10,000), cryptos generally move in the direction of BTC due to its vast market share.
- Weekly Market Structure high broke TWICE so expect downward pressure on prices (slight decrease in the value of XRP before we go to the moon).
- could see 0.39 before we lift off!
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