bluemoonstarX
Long

XRPBTC IS a Double bottom forming?

BITFINEX:XRPBTC   XRP / Bitcoin
A quick break down of XRPBTC , we see a Double Bottom forming, a famous W pattern at the 0.000031200 Sats , after the previous trend up from the Bottom at 0.000030500 Sats , if we Close tonight and stay above 0.000032200 we are good, if above 0.000032600 then we are in a stronger rposition to break the trend and Impulse in an upward direction. A possible Dragonfly Dogi in formation on the 4hr Candles .Clear Resistance and Support levels are provided in the above chart, which corolate with Fib Retracement levels. PLease like or Follow if you find this type of Analysis helpful. Thnaks ADX
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