MagicPoopCannon

XRP May Have an Adam & Eve Breakout Soon...

COINBASE:XRPUSD   None
Looking at the 15 minute XRP chart, we can see that XRP did not have a sustained breakdown of the head and shoulders pattern featured in the previous analysis. While price did briefly break down below the neckline of that pattern, it quickly recovered back above it. Since then, XRP has printed this Adam and Eve formation on the chart. You can see the dotted blue resistance level that it will have to surpass for a breakout. If we do see an upside breakout of this pattern, the first major resistance level is at 0.37. From there, there is more resistance at 0.38 and then 0.39. The size of this Adam and Eve pattern actually has a price target above those levels (at 0. 40 ) but we will have to observe how price responds to that overhead resistance, if we do see an upside breakout.

I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-

Comments

Nice to see you agree with me now :)
+4 Reply
Just a guess here, but I think Magic Poop sold his account years ago. He made some killer calls back then and was very active. Now he sounds different, uses different indicators and doesn't post that often. Just a guess...
+3 Reply
tb1337 ThePublisher
@ThePublisher, it certainly is possible. can't say I haven't noticed that myself, but I don't doubt it.
Reply
ffeizian ThePublisher
@ThePublisher yup, noticed that long time ago
Reply
it is amazes me how wrong you always are, great job poop :)
+3 Reply
So what affect do you think xrp will suffer from Coinbase stopping trading on their platform?
+3 Reply
UK says not a asset, its a token , XRP used world wide, China Banks adding Xfers of capitol out of country !
+2 Reply
It did just the opposite! Your "analysis" is very useful - we need to do just the opposite in order to make good money :D
+2 Reply
it did, magic poop! it certainly did!
+2 Reply
failed to settle law suite with the SEC and is being delisted..sold all mine.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About 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 Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out