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machinelearnt
Oct 23, 2017 3:43 PM

XRP descending wedge  

XRP / DollarBitfinex

Description

XRP continues its bearish down trend, however looks to be may moving in the pattern of a descending wedge (lower peaks on upper resistance, lower support on bottom of wedge, descending volume). Between .168-.162 XRP has a good amount of support, and also will be meeting up with a major upward trend. Look for reversal signals, before entering long, if you decide to do so.

As always, would love feedback, criticism, comments, or other ideas.

Cheers!
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