The Harmonic Pattern I drew up last night ( 4 hour chart ) is stuck in between profit targets one and two.
The order book on Poloniex has almost 9 million in buy orders and 6.5 million in sell orders. Is XRP setting up for another huge run? What do you think?
@Box1515, Last night we were at almost 10 million in sell orders and 6 mill in buy orders. I got in for a day trade when the buyers took over. It just so happened that there was a harmonic pattern on my charts that was confluent with the order book so I took a position intraday good for 40 cents a token.
Watch for the break above 2.9 if youre bearish. Personally I think we will stay above 2.5-2.6
@zahood97, I am keeping an eye on the 15m uptrend line and we haven't broken below it yet. A candle close at ~$2.75 would put us below it. I am a little reassured by XLM's clear resumption of its uptrend bc these 2 tend to follow each other.