Bittimmer

XRP H&S and Bear flag

Short
Bittimmer Updated   
KRAKEN:XRPEUR   XRP / Euro
Head and shoulders + bear flag on the hourly xrp chart.

If some good new comes out of SWELL we might see a nice bounce on the 200ema, also depends on what BTC is going to do.

Correct me if you think i'm wrong.
Comment:
i guess we can invalidate that bear flag by now ':D
Trade closed: target reached:
target is reached anyhow, and we see a new triangulair formation on the bottom of a bear flag bouncing on the 200daily. Lets see which way this breaks out. Historically oktober till december have been good months for crypto so lets hope for some bull action.
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