🛑Hey guys! Wishing well as always, just gonna be quick with this but nothing new for the most part besides XRP's move up. We've moved up and dealt with resistance at the 0.351 mark by which we managed to pass above it a few times hitting 0.36 before we ultimately moved back down to where we are again dealing between our support lines.
🛑0.338 has been our established support and is that next point by which should we fall below it we could expect to see 0.329 come into possible view again, and if we lose that 200 EMA at a real bad angle and see our skier ski off the mountain then it would no doubt be a fall to see.
🛑Right now our 20/50 EMA's are also fighting in this tug a war/helix formation and eventually one of those ends is gonna win so sooner than likely my best guess is that we will see that happen following Bitcoin's first move as I've already noted in today's Bitcoin idea how it's in a closing wedge! Give that a read for some good insight! I'm gonna leave the idea here but watch those support lines we've already had down and those EMA's right now to keep things simple. Thank you and leave a like or idea if you appreciated the insight.
~ Rock
🛑0.338 has been our established support and is that next point by which should we fall below it we could expect to see 0.329 come into possible view again, and if we lose that 200 EMA at a real bad angle and see our skier ski off the mountain then it would no doubt be a fall to see.
🛑Right now our 20/50 EMA's are also fighting in this tug a war/helix formation and eventually one of those ends is gonna win so sooner than likely my best guess is that we will see that happen following Bitcoin's first move as I've already noted in today's Bitcoin idea how it's in a closing wedge! Give that a read for some good insight! I'm gonna leave the idea here but watch those support lines we've already had down and those EMA's right now to keep things simple. Thank you and leave a like or idea if you appreciated the insight.
~ Rock
