TradingView
jonathanvn
Jan 7, 2020 10:56 AM

XRP COULD skyrocket if it breaks out of triangular formation 

Ripple / EuroKraken

Description

Huge bearish triangle seen since 2018.
Ripple been in this formation for very long and it should go lower as if it's the highest probability.
But since it is starting to flatten out and coming closer it could potentially go trough it.

If there is enough volume this could be a monster breakout imo.
I'm super curious to how this turns out!

Trade active

Broke trough its resistance! I'm super bullish on this coin however I don't like the technology behind it. But charts don't lie...

ENTRY: €0.27048 2,000 €540.97294

Comment

ENTRY: €0.28221 1,000 €282.21000

Trade active

ENTRY: €0.30000 1,000 €300

Trade active

ENTRY: €0.31820 1,000 €318.20761
-
-
CURRENT POSITION SIZE:
5000XRP LONG - 0.28828 AVG - +7.09% AVG - +102.00 P/L

Comment

Volume is increasing. And it's looking good and strong. RSI has alot of room to rise.

Possible SELL TARGET: 0.38-0.40
More