Ripple (XRP) short, Watch for breakout! Short

XRP / U.S. dollarBitstamp

Description

⋅ Dec 21, 2017 1:28 AM

If wedge breaks upwards, we are looking at 1.1 resistance
and if wedge breaks downwards, we are looking at .40 support

⋅ Dec 21, 2017 8:21 AM

looks as though we had a false break-out tonight. Still on track with the original analysis

⋅ Dec 21, 2017 4:43 PM

Looks as if i spoke too soon. We reached 1.1 this morning, however we found our resistance.

⋅ Jan 24, 2018 9:07 PM

Comments

JasonSun

⋅ Dec 21, 2017 3:05 AM

Price on Bithumb reaches a new high. It seems not to be a false breakthrough. First target at $1.1

AndrewFalk

⋅ Dec 21, 2017 3:32 AM

@JasonSun, Good eye! here we go :)

AndrewFalk

⋅ Dec 21, 2017 3:35 AM

@AndrewFalk, as long as we can pass .90

yvan.luquet

⋅ Dec 21, 2017 1:42 AM

Im more bullish on it, and looks like a flag

AndrewFalk

⋅ Dec 21, 2017 2:30 AM

@yvan.luquet, I am too. However, I will be watching in case of downward break. :)

WorldEconomics

⋅ Dec 21, 2017 8:49 AM

@AndrewFalk, - Stop loss, and wait