webmonkey

Breakout on Ripple confirmed?

Long
webmonkey Updated   
BITFINEX:XRPBTC   XRP / Bitcoin
I've been watching ripple for a larger correction as it bounced in this rising triangle. It just broke out, closed the first hourly candle above the line, just waiting on the second to confirm this breakout, but we've already hit some new highs in USD terms.

RSI is looking strong on hourly and daily for more growth here.
Comment:
Definitely confirmed then.

Target set for 0.00005BTC/XRP - 1.61 fib line.
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.