Will XRPUSD achieve the golden cross or just a fakeout?

3 בדצמ׳ 2018

This is currently as close as we've seen a potential golden cross on the xrpusd chart. The question now is whether or not it will actually be sustainable or a fakeout. The next candle the 50ma will filter out is a red one but the next candle the 200ma will filter out is a red one that is twice as long...so It's still currently rather hard to say whether or not they will cross or bounce off and repell eachother instead. I've hodling this whole time and will continue to do so,unless I see a clear rejection but also a dip in the xrpbtc pair as well.

4 בדצמ׳ 2018

הערה

The 50ma has met resistance with the 200ma and it has bounced its trajectory slightly downward ...judging by this and the next candlesticks to be filtered out of each moving average I don't think we will see the golden cross in the immediate next few days without some sort of massive green breakout candles..so I'm thinking at soonest the goldencross is at least week out...there is also now a good possibility for a fakeout and no golden cross at all...either way we will not see one in the next few days without some sort of massive break upwards.