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pennywise_the_sage
Aug 25, 2019 7:26 PM

Something's gotta give 

XRP / BitcoinBitstamp

Description

It looks like the upper trendline, lasting all the tay from January 2018 could finally be broken.

Why maybe it won't be:
- obvious lack of bullish volume

Why maybe it will be:
- RSI and MACD look kinda bullish
- there are a lot of support levels under the triangle edge and also some trendlines, not drawn.

Comment

It seems with this breakout the wedge is broken out. We only need a few more candles outside of the wedge to confirm. Bullish volume still missing

Comment

Comment

Breaking out of the wedge was unsuccessful.

If the lower wedge line is true, than the price shouldn't drop under 2200 satoshis. Bullish volume still unexisting.

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