XRPUSD: Falling Wedge on weekly chart

XRP / DollarBitfinex

Description

⋅ Oct 10, 2019 1:10 AM

I am analyzing XRP on the last few days and what took my attention was a Falling Wedge on the daily chart. On weekly chart, I think the Falling Wedge is clearer.

By the way: it is a bullish reversal signal.

Trend Analysis xrpusd

Comments

UnknownUnicorn5678091

⋅ Oct 10, 2019 10:26 PM

Do you think is possible?

mmsantos.br

⋅ Oct 11, 2019 12:37 AM

@Alien_Vision, Possible, yes. But I'm skeptical. I think it is unlikely in the short term. Another but... It is a crypto. Everything seems possible on cryptomarkets.

UnknownUnicorn5678091

⋅ Oct 11, 2019 7:04 AM

@MMSANTOS.br, is unlikely for me too. But I'll be happy if we brake at least the ATH

ThumbSkin

⋅ Oct 10, 2019 2:02 AM

Long from .02 cents

mmsantos.br

⋅ Oct 10, 2019 2:12 AM

@ThumbSkin, Wow

Enemy_of_the_state

⋅ Oct 10, 2019 1:14 AM

I'm currently short from 0.28, gonna go long at the 50 day ma retest then hold for a nice swing trade hopefully

mmsantos.br

⋅ Oct 10, 2019 1:17 AM

@Enemy_of_the_state, I'm long from 0.25.