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mzungu2017
Jan 5, 2018 8:54 PM

Pennant forming: potenial breakout Long

BITFINEX:XRPUSD180
XRP / DollarBitfinex

Description

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Looks like a pennant is forming towards the support line.
If we see price bouncing up from the support line, I expect a new high at around 4.25 (Fib retracement crossing resistance line).
Trend AnalysisSupport and ResistanceFibonacci
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