a1mtarabichi

XRPBTC BULLPEN OPEN!!

BITSTAMP:XRPBTC   XRP / Bitcoin
No oped on this one -- figured I'd keep it short & sweet. Head & Shoulders indicator coupled with massive volume surge led me to dig futher.

Green Horizontals represent TP1-3 with TP3 a midterm sweep.

Red horizontal worst-case stop.

Markt VOLATILITY: HIGH

Keeping this publication NEUTRAL as next move is contingent on BTC price volatility .

Risk/Reward: 25/75

BB / KC / VOL / Sqz & RSI all seem to bolster this bullish breakout (long overdue IMHO) as XRPBTC has been looming around trading sideways since the middle of last quarter.

Peace & Love all

@A1mtarabichi