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Bjurhager
Jan 10, 2018 3:24 PM

XRP H&S 

XRP / BitcoinBittrex

Description

Huge head and shoulder pattern, Hoping to pickup some XRP around 075.

Comment

Closing in on buyzone.
When looking at USDT chart, it looks to be close to buyzone than the BTC pair.


Think it all depens on what BTC does next.

Comment

Target almost reached. I think It's in the buyzone now
Comments
gtkmanz
will it drop so low ?
Bjurhager
@gtkmanz, who knows, but it's a normal retrace if it does. Look at the fib lines drawn for the complete waveset.
I would not hold or buy at this point.

H&s pattern usually means that a dump is coming
Bjurhager
@gtkmanz, almost there :)
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