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The XRP 2.5 years long descending triangle is about to breakout

Long
POLONIEX:XRPUSD   XRP / U.S. Dollar
The 2.5 years long descending triangle is about to breakout on the XRPUSD monthly chart. Also, the monthly MACD exponential averages are currently crossing, signalling a bullish pattern . There are two possibilities, get a correction to $0.20 - $0.25 within the descending triangle and continue going up (to breakout later on) or breakout now the descending triangle , targeting at least $0. 40 - $0.60 in the short term.

Comments

When do you expect this breakout to happen?
+1 Reply
JohnBat atmos
@atmos right now
+3 Reply
atmos JohnBat
@JohnBat, alright then :)
+1 Reply
Very important position, now.
Reply
risk/reward looks good
Reply
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