CristoJaraba

Ripple'sCoffe's Morning?

BITFINEX:XRPBTC   Ripple / Bitcoin
Is XRP forming a Cup&Handle?
Im a student so i dont have enough experience to be sure about this.
Any comment, observations and teachings are welcome.
Thanks
Good Trade
-CJ-
Well it can be, but there are so many other possibilities. First we have to finish te cup, in the mean time we can go all ways. After that, we need to form a handle. So 9 out of then you'll be wrong with this. That's my feedback ;)
Reply
@Jelmerrr, Thanks for your reply!!
And, what you are saying is true... but we should consider that trends are not likely to change suddenly... they show signs before, during and after (confirmation).
So, of all those possibilities, there is a few with more chance to happen...
Taking my last XRP idea , its targets are in same range that this C&H.
Anyway, this is just an idea and it is for educational uses only.
Thanks again!!
Reply
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