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naserboss
Nov 12, 2019 8:30 PM

The only XRPUSD pattern that matters! Big breakout before EOY 

Ripple / U. S. DollarKraken

Description

Follow the trendlines . We got a strong supportline, it has been valid from 2017 and the price has several times touched the trendline and bounced.
The resistanceline is also confirmed as a strong resistanceline , the third time price touched the resistanceline confirms that its a strong resistanceline.

The trendlines forms a ascending triangle that ends around EOY, meaning we should expect a breakout before end of year.
Comments
TheKitchenTrader
Agreed! Why the .92 ceiling?
tpsnb
@GenX9, top of the channel - heavy resistance
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