🔥Alright guys, gonna keep this ide short for the morning since I just got off a real long work shift so bear with me on that, thanks. Anyway in yesterday's idea I told you guys how we'd need to see XRP find support so that it could reenter that MAIN WEDGE which it has done to perfection! On top of that I wanted to note the correlation between XRP and Bitcoin differing as I've already been pointing out as of recently the past few weeks. If you check out my Bitcoin idea linked below for today you'll see how Bitcoin hit that resistance and is in a semi fall right now while XRP showing anything but, only showing green. The difference is there and is growing day be day.
🔥We've got that 200 EMA to thank since we did have the entry so for those that watched the EMA's as I'd been saying, you saw what happened and already knew what was up. For those that already follow and have been with me you likely recognized that mountain entry of the 200 EMA which we had been anticipating and waiting on but now we're gonna have to watch those 20/50 EMA's to see exactly when they flip and watch the damage that happens since we're very likely gonna get hit with some form of a sell off if not one more before we get that real real push up. I hope I'm wrong in that case and that we simply go up and up but knowing the market and all the price action I've seen over my time here, that's likely what's gonna happen, especially after this impulse movement so watch.
🔥0.36 is our new resistance point and the bottom of our main wedge line should be looked at as support right now, we want to keep within the wedge and avoid falling below but as I pointed out we'll likely get pulled down at some point as usually happens following an impulse move so watch for that and those EMA's to see whether a real mountain fall forms or if support really holds us.
🔥Just remember every mountain has it's ups and downs. That's what creates a mountain after all so be wary since we're gonna have that next mountain half come up at some point if not sooner than some may expect though I don't see us going down at all to where we we're this week at the bottom unless we get a massive sell off by which then we can't really help or do much about. That's why you should set those alerts for 0.35 in case of anything.
🔥Thanks for tuning in, I'll update you guys later but if you'd like to leave a like or follow it'd be much appreciated, even after having come off from a 12 hour shift I'm still here to post for you guys and deal with my exhausting just to get this idea out to you guys, it's simply a part of my life now that I've made routine and will continue to do. So any support is much appreciated, and we'll only get better and better with each and every single idea, thank you! Always do your own proper DD before making any financial decisions and trade responsibly!
~ Rock '
🔥We've got that 200 EMA to thank since we did have the entry so for those that watched the EMA's as I'd been saying, you saw what happened and already knew what was up. For those that already follow and have been with me you likely recognized that mountain entry of the 200 EMA which we had been anticipating and waiting on but now we're gonna have to watch those 20/50 EMA's to see exactly when they flip and watch the damage that happens since we're very likely gonna get hit with some form of a sell off if not one more before we get that real real push up. I hope I'm wrong in that case and that we simply go up and up but knowing the market and all the price action I've seen over my time here, that's likely what's gonna happen, especially after this impulse movement so watch.
🔥0.36 is our new resistance point and the bottom of our main wedge line should be looked at as support right now, we want to keep within the wedge and avoid falling below but as I pointed out we'll likely get pulled down at some point as usually happens following an impulse move so watch for that and those EMA's to see whether a real mountain fall forms or if support really holds us.
🔥Just remember every mountain has it's ups and downs. That's what creates a mountain after all so be wary since we're gonna have that next mountain half come up at some point if not sooner than some may expect though I don't see us going down at all to where we we're this week at the bottom unless we get a massive sell off by which then we can't really help or do much about. That's why you should set those alerts for 0.35 in case of anything.
🔥Thanks for tuning in, I'll update you guys later but if you'd like to leave a like or follow it'd be much appreciated, even after having come off from a 12 hour shift I'm still here to post for you guys and deal with my exhausting just to get this idea out to you guys, it's simply a part of my life now that I've made routine and will continue to do. So any support is much appreciated, and we'll only get better and better with each and every single idea, thank you! Always do your own proper DD before making any financial decisions and trade responsibly!
~ Rock '
