, friday it's a freaking weekend it's the fifth day of the week. So have yourselves a great great great great great weekend ahead of you have something nice to eat. Uh go out for a walk um, you know, go and exercise, get your heart pumping and then um yeah have a great time. I have a great weekend a hit off you. I think winter is coming and i think that uh corona round two not grown around two but yeah lockdowns lockdowns round two will be coming so um yeah go out, have fun, have a nice meal, while you still can because the risk of the second lockdown is Looming right and so yeah anyway, let's get straight into xrp what's up brett garling house for xrp against vdc. Again, i don't know why the world is happening uh for xrp against vc. If we zoomed in right, if we zoomed in you, could see that this was a falling wedge right, it was a falling which chart pattern failure we broke out of the falling wedge and we collapsed back down like what yeah. So this was a chart pattern. Failure normally, when you see uh falling falling wages falling channels, it should break higher right by right, but this was a chart pattern. Failure. We took out the lows over here so yeah. We have to wait for the wheels of xrp. To do that thing. We still can't, i mean for me as a as a charities uh.
I really don't see any positive moves coming in for xrp, yet um as much as i enjoy trading xrp. There is just nothing on the charts right from what i can tell. We have been hitting the skinny pink line right, which means that uh there is a um. The xrp wheels want to break the skinny pink line. They really truly want to break the skinny pink line but uh, whether if they break it or not, yeah it's. Another story. I think eventually it will it's just that. We need to get the timing right, because there's also a danger that things could collapse back down. Right, if you look in history uh, we started breaking up right. We did break up, but then we collapsed all the way back down right from the top to bottom it's, another. Seventy, almost eighty percent and we dropped uh. Do you think we are not going to drop another eighty percent 100, obviously not, but there's a possibility that we could still drop another 70 80 right, although i don't see it on the cuts, i don't think that's going to happen, but we need to get our Timing right because the whales could still pull the price lower to eat up the stock sales over here and stop sales over here, so yeah be very, very careful, uh right now. At this point of time with um, you know clear chat, pattern, failures, uh. It feels to me, like things, are looking pretty weak for xrp sure it could turn um bullish, but we need to see a big green volume coming in and big green candlesticks right pushing the price higher.
This would be great, but you know we have to be very, very patient right uh, because patience pays let's, move on to xrp against usd, but before that please give this video a like. If you enjoyed it subscribe to the channel – and let me know what you think about xrp in the comments below for xrp against usd – we are in a yeah again. There'S there's still nothing positive about this, yet uh. The last the last positive, big, big, positive move that came in was here huge, huge candlesticks, huge, huge volume, pushing the price higher right. This is a very, very um yeah it's, a very good feeling to when you see things like this, but ever since breaking the skin pink line way back here in 8th of june on the 8th of june 2018. We have never stayed above the skinny pink line here, never stayed above it for a very, very long time how long yeah for a thousand days, so things are just not looking good um. Could things start turn positive for xrp over here, yeah sure, no problem? We could turn positive right, uh, but more likely than not. So i think we should drop lower more likely than not it's just that things are very unclear, so the possibilities are still. You know limitless there's, still limitless possibilities, we can still go up or down, and so, when you see uh zero clarity, no zero, yeah, zero clarity for xrp do nothing right, be patient and wait for the opportunity to present itself.
There are many many other coins that you could be trading uh and so yeah anyway, the boys, the boys and i in patreon we are actually trading uh stocks yeah, we are balls deep in stocks and stocks are actually doing very well because of the nature of Um stocks here there's, so many stocks, thousands of stocks that you can take trades on, and so you don't have to be stuck to only one type of stock here. But when it comes to cryptocurrency, if bitcoin is doing nothing, everybody else will be doing nothing as well. If bitcoin is dropping, everybody else will be dropping. If bitcoin is rising, everybody else will be rising. So cryptocurrency moves in uh in a group when it rises. It rises together when it falls, it falls together, but for stocks yeah some will be rising, some will be falling, some will be rising and some will be falling all the time so that's the beauty of stocks anyway, um wait, hang on let's just check the comments. Xrp, what are you doing? That'S right? We still are not exactly sure what xrp is doing so yeah that uh chart pattern. Failure on xrp against be easy. That was very disheartening to see but that's life kesuma says what is the skinny pink line here? It'S, a 314 uh moving average. Thank you farhad. Thank you. So much for replying uh dion says i don't really understand ta, but man you crack me up.
So i love your analysis. Benjamin gonzalez's read the comments during your videos. Please! Yes, sir. Here, i am trapping says waiting for the pump yeah. We are all waiting for the pump chris says. Is there an inverted hms on xrp usd from what i don't understand, 9th of may to the 10th of may just one day, yeah? No, we don't do one one hours or one we don't do hours or minutes. We do daily so yeah anyway. I think you mean september and october right a will be september, 9th september october, 9th yeah, no it's, not hns it's, not a hms inverted hms. No it's, not why is it not inverted h and s because it's not what do you mean it doesn't, look like a head shoulders to me: yeah um flip the switch brad. Yes, sir, all right, i guess that's it for my xrp technical analysis. Thank you very much for watching. I hope you enjoyed it.