With the last night move, XRP could break the descending trend line and successfully kept the price above the line very nice. Also, from 4ema point of view ema 8 crosses ema 13 21 and 55 (magic newton numbers) in 4h time frame and I think this confirms the move up. It seems that the price will go up further and we can see 0.48, 0.5 and 0.52 in the next days. ================================= Note: I'm new to TA and try to learn from your comments and test myself, Please give me your valuable feedback! Thank you
Kommentera
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The same idea is valid for XPRBTC, we can see move up in the next hours and days for this pair.
Kommentera
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All the targets are reached. Further move up is expected.
Hey, just a quick tip: the "SHORT" option means that you expect price to go DOWN. When you LONG a position, it means you expect price to go up. SHORT, you expect the price to fall. The long and short positions don't represent time. It does not mean a short-timed or long-timed trade. Nice call!
AlirezaNoFamily
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@Eurocrem, Oh, Sorry, I thought SHORT and LONG refers to Time frames. Thank you very much for correcting me.