Medium term ; Resistance : 3200 & 3000 satoshi || Support : 2650 & 2800 satoshi
Medium term outlook.. XRPBTC just get rejected right after it hit one of the pitchfork line at 3360 Satoshi and it's just get rejected from it. Either i could form a reversal pattern or fall further toward the next support at 2650 satoshi.
While 4 hour TF Indicators (OBV, CCI & CMF) show a lack of interest for XRPBTC. bearish momentum still dominating but seems to be reduce slightly for now.
- If this yellow line being closes by consecutive candlesticks. i expect more downfall for XRPBTC. Talking about 1200 satoshi is quite possible but we will see..
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.