BARSTrading

XRP confirms inverse bullish Head and Shoulders!

Long
BARSTrading Updated   
BINANCE:XRPUSDT   XRP / TetherUS
XRP has confirmed the break of the neckline turning into a bullish formation.
First and simplest resistance is towards 0.76.

Around the 0.8 mark is the liquidity zone where most sellers will be wiped out for an interesting move after that.

heads up - short term bullish
Comment:
Any CANDLE CLOSE below 0.711 is bad and this idea / pattern should be abandoned!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.