nlizotte

XRP/BTC Ranging For the Time Being Before Following the Channel

POLONIEX:XRPBTC   XRP / Bitcoin
266 views
10
266 5
Right now we are in a ranging consolidating period.

The intersecting lines gives us an idea for the time periods each price event will occur. It's a little wonky to read, but there is also a Bat Pattern that has formed as a result (linked below).

Nevertheless, expect the upside, and on the slim chance, a retrace to the Ascending Triangle below.

So far, we have maintained structure throughout the night.
Expect a dip to 4.4k today before heading back up. There looks to be a double top or a symetrical triangle that needs to correct itself.

There was a big move this morning. Projection to 4.7k completed.

Look for the retrace to 4.4k in C Leg short-term
Reply
nlizotte nlizotte
#3 leg I pink not C leg
Reply
donmecha nlizotte
@nlizotte, good buyback point?
Reply
@nlizotte, I'm not sure if this is actualy going to retrace to 4.4k. Looks like we might be seeing a parabolic move to 10K.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out