D4rkEnergY has an amazing time. D4 is working hard to keep you guys updated with the market situation. But D4 loves what he is doing, and that is indeed the most important thing.
D4rkEnergY is here to serve you. D4 is here to spread love and wisdom, so you guys can succeed in trading and in life <3
Let's jump in and take a look at the 4h XRPUSD Chart! Last time we took at Ripple I predicted, we soon would have a spike due to the descending and fractals. And as you can see, that happened. But D4 also warned you. He told you, that you might be able to scalp some money on that trade, BUT we would probably face a lot of problems soon after.
First of all we have to take notice of, that we still are under the 78,6 % Retracement level. We are at this very moment facing a zone of confluence resistance. Ripple is literally against all odds to go much higher.
So we have the MA20 just above our head, which we already now are struggling with. To make it even worse we have the 78,6 % retrace and the EMA50 a bit higher we also have to conquer. Please also pay attention to the . As you can see, for a really long time we've had trouble surpassing the 50 level, which acts a heavy resistance. Also take a look at the bars which are declining in height.
The has just made a cross, which means the bulls are taking over. Despite of that, D4's advice for you guys is still to be patient, when it comes to buying Ripple.
It will indeed be a hard struggle for Ripple the next couple of days. D4 will follow up on this later!
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Please take your time to give D4 a LIKE. It's encourages me a lot to make more charts and updates for you guys. Peace <3
Ripple is failing once once again!
Please give a like, guys! I hope you are enjoying your weekend :)
BUT... don't count on this scenario will play out. As D4 has stressed many times. Altcoins usually follow Bitcoin. Everything points in the direction that BTC will very soon go lower, and down under 8k, so Ripple will probably also go down, and will not get the opportunity to take advantage of the inverse HS pattern.
We still want to be patient at the moment.
Thanks a lot for following me! I really feel lucky, that you guys are here for me and are supporting me. Please give a LIKE for more updates <3
XRP are still having a hard time trying to find it self under the 78,6 % retracement level. It's never a fun place to be.
D4s advice for you guys is to still be patient. Ripple is weak atm.
PLEASE give D4 a LIKE and FOLLOW. Thanks in advance!
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