XRPPanjang
XRPUSD Diamond Structure still HOLDS
Deeper Dive Report
So on 4hr bigger picture, we have had a small pre Swell , but i feel there is a wave to come. XRP moved upto the 0.305++ into top of Zone 5,breaking previous Zone 4, opening up new trend. After that a quick Sell off and Crypto Market had a Bear direction .XRP retested the structure of the Diamond pattern with a low wick 0.274++ on the 4hr and a good bounce back to Key Support at 0.288++ This Flash Wick fishing was less than an hour.
Now we are in Key area @ 0.288++ and just trying to find support along the green thick line which is upper part of the Diamond Pattern..
It is also a previous support level for Volume and Liquidity coming in on 25th Oct, which signalled Buy orders and the continued upward trend to 1st Diamond breakout.
I am still seeing good support and continuation to a pump larger than this pre impulse. , Key testing, the Sellers have sold, so now we have to wait and see where the Market Sentiment is? Friday today 1am GMT. Stoch RSI low at 10 on 4hr……..MACD could be on a turning point, keep watching.
To Help read these charts....
The coloured numbers give you zone areas,1-6 Red to Green..difficulty
Thicker Lines hold more Value..dotted not as strong but hold value acording to colour and position of candle riding above or belowl
Please Share, LIKE Follow and Comment, I like to hear your views, Thanks Comunity X Good Luck
Check my previous Posts to get upto date with the Trend and Stratagy been show here. THre is a lot of clear detail to use whatever your level of TA Thanks
So on 4hr bigger picture, we have had a small pre Swell , but i feel there is a wave to come. XRP moved upto the 0.305++ into top of Zone 5,breaking previous Zone 4, opening up new trend. After that a quick Sell off and Crypto Market had a Bear direction .XRP retested the structure of the Diamond pattern with a low wick 0.274++ on the 4hr and a good bounce back to Key Support at 0.288++ This Flash Wick fishing was less than an hour.
Now we are in Key area @ 0.288++ and just trying to find support along the green thick line which is upper part of the Diamond Pattern..
It is also a previous support level for Volume and Liquidity coming in on 25th Oct, which signalled Buy orders and the continued upward trend to 1st Diamond breakout.
I am still seeing good support and continuation to a pump larger than this pre impulse. , Key testing, the Sellers have sold, so now we have to wait and see where the Market Sentiment is? Friday today 1am GMT. Stoch RSI low at 10 on 4hr……..MACD could be on a turning point, keep watching.
To Help read these charts....
The coloured numbers give you zone areas,1-6 Red to Green..difficulty
Thicker Lines hold more Value..dotted not as strong but hold value acording to colour and position of candle riding above or belowl
Please Share, LIKE Follow and Comment, I like to hear your views, Thanks Comunity X Good Luck
Check my previous Posts to get upto date with the Trend and Stratagy been show here. THre is a lot of clear detail to use whatever your level of TA Thanks
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