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weslad
Aug 23, 2020 9:16 AM

Xrpbtc what next after falling wedge breakout? Long

XRP / BitcoinBinance

Description


As we can see, XrpBTC achieved massive breakout from the falling wedge pattern and since then price had been holding firm above it. Looking closely within price structure it resemble potential cup and handle formation which is a great continuation pattern.

The plan is to accumulate as much as possible within the accumulation zone and apply suggested stop loss.

Kindly go through the chart and do leave your comments about the expressed view.

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Trade active

Trade closed: stop reached

Comments
InkyGrip
very nice analysis man! thanks!
It's my view
JAD77
You don't think accumulation zone can hold?
Deefriello900
Thanks for sharing your idea
Hassan_o
Good feature , how about CRV
InkyGrip
Interesting view, thanks man 🙏🏻
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