proficy
Long

XRP broke the falling wedge to the upisde

BITFINEX:XRPUSD   XRP / U.S. Dollar
On this news (source reddit, NY times)

G20 news:

Rackham: “The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin .”

https://www.nytimes.com/reuters/2018/03/...

We pierced the upside of the falling wedge .
This is clearly bullish .

+ Divergence on the MACD
+ a 20% down followed by a 20% retrace in one day.

This may be the bottom of the correction.

To be continued.

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