ascending triangle - should upbreak if...

... BTC plays along.
If BTC should climb as well and does not fall significantly then actually this pattern should play out and move upward.
We will see...
Trade closed: target reached: played out very well and very accurate.

The value of the triangle should bring us at about 0.36 the next days before we see a correction until about 0.32/33
Actually it will not be a real correction, it will be the handle of the cup & handle pattern we could build at 0.36.
And afterwards cup & handle should bring us up to 0.40 regions.
BUT: if there should be big moves at BTC, esp. BTC dips, then unfortunately XRP will probably dip as well and the above mentioned numbers are invalid.

AND: all of this is my personal view only, it‘s not a financial advise or a trading strategy.


Interesting view on the charts! I had not noticed this chart pattern yet.
Thank you!
+2 Reply
I like your triangle, i follow you for that.
+1 Reply
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