botje11

XRP Ripple H&S versus Bearish wedge

BINANCE:XRPBTC   XRP / Bitcoin
I usually don't do the btc' pairs, but these 2 patterns could be significant though. Since they show a mid/long term picture for XRP' and possibly even for the entire market.

On the left we can see a big inverse H&S while on the right we can see a big bearish wedge . At the moment we are still at the support line of the bearish wedge , so there is not much room left. The USD' pair is also still moving inside the 0.36 and 0.4 range. A break of this range will probably give us the answer to which pattern will play out and possibly even where the entire market is headed to.







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Bitcoin broke a triangle and a wedge , why is there no growth? What if a downward wedge is just being formed?

P.S. I accept thanks with likes and comments to the idea!
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Thx for the analysis. Comments on this flag? Bearish wedge seems about right, but the flag might be in play as well.
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thank you!
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Interesting 2 scenario's thx for the heads up !
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Thanks for all you do. It's very much appreciated, as always.
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