TradingView
botje11
Dec 24, 2018 4:43 PM

XRP Ripple, making an H&S to form a big inverse H&S, Part 3 

XRP / DollarBitfinex

Description

Where i did not like the right shoulder from the previous analysis, we eventually made a bigger one where it stayed perfectly inside of a bigger bull flag. Yesterday's breakout was quite perfect, a big rally with high volume, exactly as a breakout should be. So chances at the moment very good for it to reach it's target around that blue circle coming week or 2. Ideally we stay above the green zone, but looking at the current movement, it might break. The blue zone is bullish as well, rather not see that break. Below the red zon would invalidate the H&S (with a little breathing room that is.



Please don't forget to like if you appreciate this :)




Previous analysis:

Comments
edonymeri6
thank you very much, more updates on XRP would be highly apperciated, thank you!
edonymeri6
can you update XRP please?, @botje11
Maple1000
Much appreciated, botje11. You are doing excellent work!
A_HGH_A
Thanks for this @botje11 , always appreciate your view on the XRP. Quick question. How do you find your supports and resistances? You're pretty spot on when it comes to calling either one.
Alex540
give the btc update pls , where we going after this fall from 4190 to 4k in no time
More