XRP Broken out of Falling Wedge Long

XRP / TetherUSBinance

Description

⋅ Mar 19, 2019 11:43 PM

XRP has broken out of it's long term Falling Wedge. The Bollinger Bands are also getting extremely tight. Hoping for a big move over the next week. Target points have been added to the chart and have been identified through a Fib retracement.

TP 1 - 0.38215
TP 2 - 0.46200
TP 3 - 0.52654
TP 4 - 0.59108
TP 5 - 0.68296
TP 6 - 0.80

Please don't hesitate to provide constructive criticism. It's always welcome.

Thanks, good luck and happy trading!

Disclaimer: This is not financial advice.

Comments

gsdgeweg

⋅ Mar 21, 2019 1:31 PM

Could also breakout downwards...we will see some fireworks!

Gyp322

⋅ Mar 21, 2019 11:13 PM

@gsdgeweg, It seems like the likely situation now man

ceesounds

⋅ Mar 21, 2019 3:16 AM

I agree with you completely. GL to you my friend. Thank you for taking the time to post your work. Great job

Gyp322

⋅ Mar 21, 2019 3:23 AM

@ceesounds, Thanks mate, GL to you too and I appreciate your kind words.