Sers3

Another wedge on XRP

Long
Sers3 Updated   
XRP formed another beautiful wedge on h4(we can see what happened with the last 2 wedges, we made some nice profits there). The price have stayed in a triangle in the last few days and meets a strong resistance at 0.90$. On the break of 0.90, I expect another powerful rise up to 1.10$.
On the other side, we have a strong bearish divergence so the price may consolidate in a flat for a while. I will stay out of trading XRP if 0.80$ breaks.
Comment:
The price got out of the wedge. Let's see what happens
Order cancelled
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.