After the panic there are still a lot of bullish signs.
There is allways a lot of fomo and fear ( Volatility ) in this speculative market witch result in exciting highs and scary lows ecspecially in xrp. Dont be blinded by this.
We see a similar pattern as we did in 2017 witch resulted in some bullish movement.
Reverse Head & Shoulders patern.
Rsi is on the Trendline
Stoch RSi is almost crossing and is possibly forming a cup&handle here.
Bollingerband are narrowing and forming the same patern as we saw in the other bullruns
In corrections we allways see a lot of predictions that are basicly wrong 9/10. We heard 5 dollar the most in my opinion. So a close lower target is most likely.
Whales allways implant the idea of a target in people's minds by media. Thats the biggest bulltrap in the market. 5 dollar/10 dollar/100 dollar. You all heard and see it. Dont fall for it.
We are expecting a target to be around 4 dollar.
The first bullrun did about 10.000%, Second around 2000% ( /5 ) so we are expecting a 400% ( /5 ) Rise in the next bullrun.
Bullruns are allways impossible to predict so set your targets wisely.
There is allways a lot of fomo and fear ( Volatility ) in this speculative market witch result in exciting highs and scary lows ecspecially in xrp. Dont be blinded by this.
We see a similar pattern as we did in 2017 witch resulted in some bullish movement.
Reverse Head & Shoulders patern.
Rsi is on the Trendline
Stoch RSi is almost crossing and is possibly forming a cup&handle here.
Bollingerband are narrowing and forming the same patern as we saw in the other bullruns
In corrections we allways see a lot of predictions that are basicly wrong 9/10. We heard 5 dollar the most in my opinion. So a close lower target is most likely.
Whales allways implant the idea of a target in people's minds by media. Thats the biggest bulltrap in the market. 5 dollar/10 dollar/100 dollar. You all heard and see it. Dont fall for it.
We are expecting a target to be around 4 dollar.
The first bullrun did about 10.000%, Second around 2000% ( /5 ) so we are expecting a 400% ( /5 ) Rise in the next bullrun.
Bullruns are allways impossible to predict so set your targets wisely.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.