Description
⋅ We have our now-classic "W Pattern", bullish, on the XRPBTC chart... We also hit this one nicely on the previous analysis...
I am here to tell you that there will be more.
The "W Pattern" almost always plays out but it can also go like the "Cup & Handle".
Meaning, it can go straight up but there can also be a retrace before the price jump.
Currently, we have our targets set at EMA50 (0.00001895) followed by MA200 (0.00002161).
These can be hit in just a few days.
This is not financial advice of course and you still need to build a plan/strategy before you trade.
Trading tips
Use this chart as an 'add' to your own tools, your own research, to give it strength.
- If you are already bullish for example, my chart can help you support that view.
- If you are bearish, you can use this to compare and maybe rethink the signals that you read.
Whatever happens in the end...
Remember that practice makes perfect...
And you deserve the best.
Namaste.