WinVested

Right Shoulder Forming...

COINBASE:XRPUSD   XRP / U.S. Dollar
198 views
5
198 0
Risky play with SWELL right around the corner and all the news about Ripple and XRP recently, BUT it does look like a nice H&S setup that I mentioned earlier this week is taking shape, with plenty of room on the RSI to make it happen. BTC outlook (probable drop to ~$6.5k) makes the H&S pattern here stand out to me.

1st TGT (hold until top of right shoulder): $0.2850

2nd TGT (buy at top of previously broken trendline ): $0.2350

Expect the drop around Halloween, if it happens.

This is just me talking out loud, not financial advice!
Oct 25
Comment: Watch for possible shoot to $0.30 before crash here ...

Initial target of $0.2850 reached
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out