Pip.Gawd
Long

XRP in a Flag Pattern

KRAKEN:XRPUSD   XRP / U.S. Dollar
KRAKEN:XRPUSD

Last week I mistakenly thought that XRP was forming a pennant pattern, but after some time, price has shown more evidence of a flag pattern forming. This is still a bullish continuation pattern, but we can expect to see more lows before a breakout occurs.

I would suggest loading up when price gets close to the bottom trendline , if it can reach that low. Otherwise, buy the breakout and enjoy.
XRP is breaking all my models, before the weekend it was a bullish triangle, after further remodeling looked like waves, now flags.... man.... im about to model on cats and moons to see if something sticks.... https://www.coindesk.com/3-dead-cats-moon-bitcoin-market-dynamics-explained/
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Pip.Gawd FelipeVargasRocha
@FelipeVargasRocha, LOL it definitely doesn't know which pattern it wants to form. I like the moon model strategy though LOL.
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