you have to scroll out to a 1-2month chart to spot the bases.. $125ish is a clear base, if you scroll out.. and your 138 is not a base in my opinion, therefor if you were to take a drop off that level, you would need to react very fast to the bounce, because it would be more of a quick daytrade and not a position type trade.
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Hi Luc,
Thank you for the info. Based on your input, I marked up another chart (Kraken-XRP/USD(60)). I placed the questions in the chart. I know you are super busy, but if you have a minute could you critique this chart?
https://www.coinigy.com/s/i/59acdb487298a/
Thanks again.
hi velome,
I draw the lines. These are the bases in my perspective: https://www.coinigy.com/s/i/59ad32b6f2ca2/
Hi realviking,
Thanks for your input concerning the baselines. I'll take a look at your chart.