Hello all. In XRP, We are very close to the last leg breakdown of the last clear bearflag targeting approx $0.55-$0.56
If you are holding XRP and are looking to short, and want to be extra conservative, wait for a confirmed breakdown below $0.65 before shorting
BTC continues to lead ALTCOINS by the nose so watch BTC too. For BTC probably another 2-3 bear flags to go before we complete the large bearflag down to the Feb low (approx 6K). This means that XRP could be dragged down even further than the target shown above.
Good luck and if you like my ideas/charts/commentary, please encourage by LIKING & FOLLOWING me.
If you are holding XRP and are looking to short, and want to be extra conservative, wait for a confirmed breakdown below $0.65 before shorting
BTC continues to lead ALTCOINS by the nose so watch BTC too. For BTC probably another 2-3 bear flags to go before we complete the large bearflag down to the Feb low (approx 6K). This means that XRP could be dragged down even further than the target shown above.
Good luck and if you like my ideas/charts/commentary, please encourage by LIKING & FOLLOWING me.
Comment:
we are This could be it. Would want to see more volume to confirm.
Comment:
see volume - its low for now
Trade active:
good volume - breakdown of bearflag confirmed
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Comment:
Updated bear flag pattern:
