RIPPLE (XRP/USD) - Waiting For a Breakout From The Falling Wedge

Hi!

Currently, I wait for a breakout from continuation pattern "Falling Wedge". The trendline has drawn on the line chart, to clear out the market noise.
Breakout is confirmed when You see at least the 4H candle close above the upper trendline, otherwise don't even think about entering in the RIPPLE'!

Targets are based by latest resistances and by the Falling Wedge pattern, just below the round number $0.5!
This move is expected because of the bullish bias on the BTC' chart, here You can find my latest Bitcoin' analysis:

Please, don't forget to LIKE!
Thank You for your support!

Have a nice day!


*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

Trade active:

Sorry for the delay but You had a confirmation criterion and now we have a 4H candle close above the Falling Wedge!
Good luck!!

Comment:

Currently, it goes like we had planned, a breakout above the continuation pattern Falling Wedge and first rejection from the first resistance area. Let's see, does BTC finds a power to make another leg upwards, if yes then we fly with RIPPLE to the target point!!

Comment:

NEW BTC update! BTC is going to make a move in three days!
"LIKE" would be also nice ;)
Thank You!

Comment:

RIPPLE has started another leg upwards, to the next target orange target box!

Trade closed: target reached:

BOOOM!!!