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fineregex
Jun 1, 2017 6:22 PM

ripple descending triangle? ascending wedge? pennant/flag? 

XRP / BitcoinPoloniex

Description

ripple descending triangle?
or
descending or ascending broadening wedge/megafone? or
pennant/flag?

Comment

maybe another rising wedge reversal

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compare back at 0.00018...

it is the steeper trend that may be weak and break.
so while back the it may have been a close call / barely UP.
This time it may be more clearly down.

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ohh. i think it is a double top

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Comments
cyberholz
Oh, you're still busy with XRP!
noahj76
Who knows at this point... lol. I say bull flag/ascending wedge, but XRP is its own animal so I am just going to sit back with my fingers crossed lol.
fineregex
@noahj76, asending wedge may also be reversal, loss of strength/momentum
noahj76
@fineregex, Yeah I'm saying its one or the other, and thats why I am crossing my fingers lol....
fineregex
@noahj76, what about rising wedge reversal (blue)
noahj76
@fineregex, No that is a devleoping ascending wedge now that I look at it closer... Im bullish now. Clear as day.... bears are TIRED.
fineregex
@noahj76, bitcoin seems rising. If XRP has another run it may only starts when bitcoin crashes?
fineregex
@noahj76, see my update above
noahj76
@fineregex, My god if you ever say anything positive or bullish about XRP it would be a cold day in hell lol
fineregex
@noahj76,
sorry, while the ascending wedge with steeper lower trend and the descending triangle are both bearish they are not everything. Ascending broading wedge could leave a bit more hope i guess?

If you love ripple you can keep some even during a 1000%'s bubble. Else i still think of buying a little later. Even if there would be another spike/bubble.
When trolls say "ripple will be $1" it actually means = "wait for ripple to be back at 0.0x"
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