Big dippers are certainly what we are getting in October

Ripple / Dollar BITFINEX:XRPUSD


Big dippers are certainly what we are getting in the month of October!! Although the Bull Flag has failed (due to DOW dropping 800 points) the breakout could easily retrace back to 0.36 area and still remain bullish . Notice two daily bars bouncing of 0.38 – is also a bullish reversal sign. Below is what I wrote 2 weeks ago. Of the course the DOW is in the midst of bear flag and could easily resume its downward path bring cryptos with it in the short term. But for how long….

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