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DrDovetail
Dec 19, 2018 7:57 AM

A Cup and handle appears on xrpbtc! Long

XRP / BitcoinBittrex

Description

the price action has found resistance on a trendline that fits the angle of the other 2 previous tops and creates a valid rimline for a cup and handle with some very notable upside....should this cup and handle trigger it would not only take us to the price target for the previous inverted head and shoulder breakout that we've been patiently waiting to reach but it would take us up past the neckline of an even bigger inverted head and shoulder pattern that would trigger a serious breakout...so lets hope this cup and handle pattern is indeed valid...we are currently finding strong resistance there but we will soon have the momentum of the orange 40 ma line coming up to meet its resistance which will likely result in it pushing the price up and above the cup and handle rimline. Hopefully this is how it plays out. Thanks for reading! *not financial advice*
Comments
kibblesNbitcoins
I'm about to crit the shit out of this wild beast.
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