I still think its going down (as in today)

you see the red circle...that is going to be a very strong choke hold....

haha @AcidOverride oky lets take a private bet...just hypothetical stake

Im expecting 6250 - 6030

oky wait lets just clarify, is that your "close" price for today?

No, just momentum

33min for 4h to close then i can confirm

hmmmm...i see a shoulder being formed but to early to confirm....lets see,,, COB 6600

meh, no change

😉

oh looksie 😉

Short position closed

If I didnt know any better I would think you gents were quoting the Kamasutra

lollies

whats sex?

"Total turn around", "its going down", "very strong choke hold","im expecting","momentum","shoulder being formed".... hahaha

short squeeze incoming

😃

HAHAHAHA!!! thats funny @Roovdwalt

@Robzombie 6300 😃

hehehe

well

Need to get my coffee and see whats the setup for today

(I run a mining op and trade)

i am still confident for a short term up move, price found support around 6200 yesterday twice and since then moved back to 6400 this morning sooooo i guess price is consolidating...BUT the momentum is still an issue as you pointed out there is clearly resistance on the 60 RSI so no buyer confidance 😦

joh, XRP up almost 50% this week

Check 1h, head and shoulders

Right shoulder about to test the 6400 neckline

*6600

yeah we need to break above 6600 and keep up momentum, then the weekend will look good (eyeing 7k)...until sunday...sundays are never good for crypto

😃

hahaha so true...haters ganna hate

@Robzombie Whats your take on today?

uno momento

lol just dipped

well prices are still moving horizontally between 6200 and 6500. its difficult to say for today, as its testing support at the moment...we'll have to see how things go in the next 2 - 3 hours. but momentum is still in an upward trend ...soooo lets see how support holds if not then short term short.
to be honest i don't think it would hold, all alt coins are taking a beating and selling volumes are on the rise on the 2h chart for BTC.

I took a small long @ 6408