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suncity
Jan 19, 2018 8:50 AM

Ripple/Dollar Long, Possible 100%+ profit! Long

XRP / U.S. dollarBitstamp

Description

As you see Ripple had a nice and huge bullish price action after 9 month accumulation phase.
then after a deep pullback at 78.6%, forming an ABCD pattern is very possible.
Targets are shown on the chart!

Comment

So descending channel has been broken and price complete a classic pullback, it seems that price action is going to form right shoulder of an inverted head and should, once the neckline has been broken eventually 2.5$ is the next target

Comments
Radley
Maybe another inverted H&s
suncity
@Radley, Yes it is!, Thanks for your attention.
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