If closing below 12,000 Satoshi, next level 10,000.

BINANCE:XRPBTC   瑞波幣 / 比特幣
Ripple has had a huge rally from $0.30 to $3.00+. Just like the huge rally, we need somewhat of a large correction. Head and Shoulders on the 4 hour chart above the 12,000 satoshi level. Support seems to be holding strong but if it closes below support, expect 10k satoshi. Wait for a period of consolidation along with signal to buy.
We are right at 12000. hmmm
dcardona1 Braulio789
@Braulio789, I think we are going to continue downwards based on MACD and a 50 EMA. I think we still have at least 4-5 days in a downtrend for most alt coins, especially once BTC breaks out.
dcardona1 dcardona1
@dcardona1, It's a great price long term. Don't sell now unless you're in break-even or profit. Good luck!
Braulio789 Braulio789
@Braulio789, Well darn. I added some at 11500 15 minutes ago- my decision. small nibble though.
Would you please explain what is meant by "closes below support"? If it goes under 12,000 at any point? thx!
dcardona1 userbeauty
@userbeauty, On the daily chart, if it closes below 12000 satoshi (0.00012), I expect more downward trend to the next level which is 10000 satoshi. It can spike below but if it closes below, then I believe we'll continue.
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