Hi Traders,
Looking at 4 hour chart, the small head and shoulders pattern that Ripple has been forming has rolled over and turned to a bear flag.
Bear flag target is the support at 0.57 where Ripple may make double bottom and break the major down trend and end the bear market. If the price doesnt bounce, it will end up hitting 0.42.
This is not a financial advice.
Happy trading...
Looking at 4 hour chart, the small head and shoulders pattern that Ripple has been forming has rolled over and turned to a bear flag.
Bear flag target is the support at 0.57 where Ripple may make double bottom and break the major down trend and end the bear market. If the price doesnt bounce, it will end up hitting 0.42.
This is not a financial advice.
Happy trading...
Trade closed manually:
Surprisingly the major down trend has been broken! The bear market is over.