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GenesisLedger
May 5, 2020 9:38 AM

XRP USD - Very important diamond chart pattern! Long

XRP / U.S. dollarBitstamp

Description

You can see the purple trendlines on the chart. This makes for a diamond chart pattern.

A diamond chart pattern often means a reversal. This specific pattern has a high probability because it's on a weekly chart.

Look at my other analyses, this all indicate a bullish case for crypto and altcoins.

I wish the market would be bearish for another year but I'm afraid my accumulation is going to stop. That's why I know my bias isn't influencing my judgement.

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