TradingView
UnknownUnicorn805575
Jan 20, 2018 3:22 PM

XRPUSD Possible long 

XRP / U.S. dollarBitstamp

Description

4HR 1HR
Right now i can see that xrp is in a side trend (Rangebound)
and bouncing between 1.70$ and 1.50$
If we broke the ascending triangle formation up ways we can go out that its gonna push up
to 1.62 4HR support.
Breaking down ways we will possible see a retracement at 1.48$ and back to 1.60$
For extra conformation i prefer to wait after the broke of the triangle and retest.

Comment

It hit the 4HR support and retrace back, broke the strong support
More