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dompa
Oct 9, 2021 2:58 PM

Rising wedge breakout up - Bullish? Long

XRP / U.S. dollarBitstamp

Description

The rising wedge that is a bearish pattern has a breakout upwards so let's wait for confirmation.
I expected that since the price is above 200MA on a daily TF. (Related chart is below).
Melt faces are coming, good luck!

Comment

Breakout confirmed
Comments
CryptoSnoopy
nicebreak,retest and continuation. ready to make it higher ! (loaded more to margin position -just more margin from gains it already made :) :P )
dompa
@CryptoSnoopy, exactly, me too :)
CryptoSnoopy
YES ! 0,618 fibo of rise to 2USD on spring what made suport at 1,05-1,1usd cca what made resistance is broken ! .. now will see strength if we get break of xrpbtc trandline we fell of under and now got back to.
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