SMA 100 Breakout (blue line) followed by confirmation candle, plus WilliamsR%(72) below -50.
It is holding an importante resistence, right now, but I would get out immediatly, if I had any XRP. Not just for respecting my system, but because, as you might already noticed, every coin follows the trend of Bitcoin, and it is looking dangerous for Bitcoin price.
Again MACD lying to us, lol, I don't even know why I keep it there.
My guess is we are entering a downtrend, for most, if not all, the cryptocurrencies. Not something we haven't seen before. This is actually where it get's interesting. Trying to figure out the best entry point, and trying to figure out where to get all the money to buy all the s****coins 😂
For my predictions, I use a technical analysis trading setup I explained here, and also my knowledge of other setups along with common support and resistence lines, and Fibonacci levels.
As you can see I don't have a huge following base, so if you want you can help me by resteeming this post.
I do this to keep the focus on my trades, but writing it here and trying my best to make it look good and simple, takes time. I don't get enough feedback right now, to keep this going for long.
