Lets see whether it can break through

2018年5月10日

Ripple XRP has been trading in the box for a good few hours now and has broken the top of my flag just to encounter the resistance at 0.83
Should it be bale to break through this convincingly we could see a move up to around 0.84
But as per my previous two analysis, it broke through but did not close above and therefore never confirmed and failed.

Let us see whether this will get through or whether we will test lower at 0.78 and 0.76 again.

Noob fooling around so do your own analysis and trade safe.

2018年5月10日

注释

Yip so again the resistance has come up as being too strong and XRP has once again dunked. Now being supported by the bottom of the flag and the 50EMA, which it has already tested so downside at 0.76 is probably up next. The 0.78 has acted as significant support in the past days almost as much as the +-0.8 has acted as resistance.
Predicting cryptos based on analysis or anything really is a bit like lighting the fuse on a 50 year old firework ... it might work, it really should, but f me it didn't.
Hehehe anyways it is what it is so lets see what happens when the asians wake up.