XRP small way down, big way up

29 Eyl 2017

Ripple seems to be struggling on the blue trendline , expecting it to break and bounce of the orange trendline , a bounce to the yellow is not ruled out so set a stop loss somewhere below the yellow.

After the bounce i'm expecting a leg up towards the blue ascending trendline , if this one breaks it could go up the green descending trend line , if that breaks i expect the big way up if volume cooperates.
If the blue resistance doesn't break i aim for the yellow support and a retest of the blue resistance

If the orange support breaks it will bounce off the yellow and retest the blue (current support)resistance

Stop loss at the purple horizontal seems in place for me

1 Eki 2017

İşlem kapandı: hedefe ulaştı

So the price barely touched my targetbox and is now heading up toward my blue resistance, I reckon it will also just barely touch my targetbox and then go down once more before going up

7 Eki 2017

Not

So XRP did kind of what i anticipated, it even went higher then my targetbox wich should make the green ascending trendline into a decent supportzone, if it should break i sincerely doubt it will go below the blue descending support line.

MACD started showing a reverse in trend, a bounce of the green trendline is the next target, after that it could make that big way up, if another breakout is gonna happen, it should be in the next 4-8houres but i'm expecting a bounce of the green first.