XRP - 4 Hour My Thoughts

17 Eyl 2020

In the No Trade Zone... To risky not sure which direction XRP is heading. My question is, did we form a bear flag or is it played out already?

If we break all the resistance above, i would wait for the pull back and close and open above the channel. Short if we break the channel with a pull back. I like buying after the pull back because I've seen to many fake-outs.

SHORT TERM: Neutral - Bearish
MID TERM: Neutral Bullish
LONG TERM: Bullish - Next ATH

Short term bearish, because it looks like we are getting a bounce off the top of the channel and BTC is getting a slight pull back.

Depending on what BTC is doing. Please visit my BTC chart to get an idea.

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I am not an investment adviser. Please do your own homework and get professional help.

16 Eki 2020

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