Rocksorgate

🍊 QUICK EARLY MORNING TA 🍊

BITSTAMP:XRPUSD   瑞波幣
🍊Real quick morning TA here following up from yesterday's TA. We've fallen back into my markings below my 0.49 as I expected and are playing tug a war with that 200 EMA right now just bouncing within this lil' marking channel we've got here and it's looking like we could possibly lose that 200 EMA and fall below that next support mark by which we'll have to search and find support again at whatever point hits. I could be wrong though and we could find a grip and form a new mountain entry with that 200 EMA though chances are we'll continue this retracement unless a development forms. Here's the minute chart by the way.


🍊Leaving it at that for now since I'm real tired and have a busy day ahead of me but definitely looks like we'll continue this retracement less we can keep support above 0.487 and 0.485. I don't see us going up like crazy just yet without a development in the case but I can definitely be wrong though set those stop losses at the markings if you'd like. Again this is not financial advice and is simply the observation of a lil' Rock. If you'd like to leave a like or follow it'd be much appreciated as always, thank you!


~ Rock'

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