Hello traders .
in this idea I wanna to show you one specific chart that which can explode your mind ; so stick with me until the end of this idea !!1
as usual I prefer to start with the bigger time frame , so let's explain the daily chart for you guys :
there is one big triangle pattern in the daily chart ,and probably you must know that the triangle pattern is one of the continuation pattern ; and also you can clearly see that XRP in the uptrend which means that there is high chance to fly .
and let's explain more details in the daily chart : you can see that price breaks out from the triangle and also the daily structure ( blue box ) and also retested it as support and these are very strong bullish sings for the XRP , and also on more important thing for XRP is that it can also hold above 21 ema .
but where is the potential targets for the XRP :
I'm talking about big move now , because you can see in the picture above there is high chance to reach 1.618 fib level at 2/87$ , yes its very big pump but be ready for this and try to buy and hold some XRP in this price !!!
here is the 4H chart :
in the 4H chart XRP price create a nice triangle and you can say this is breaks out already but for more confirmation price needs to test the upper line of the triangle and maybe the 21ema but when the price breaks the 4h structure ( yellow box ) XRP price explode !!!!
I hope you enjoyed this analysis.
Do not forget to like and subscribe
share my ideas with your friends , thanks for watching my ideas
in this idea I wanna to show you one specific chart that which can explode your mind ; so stick with me until the end of this idea !!1
as usual I prefer to start with the bigger time frame , so let's explain the daily chart for you guys :
there is one big triangle pattern in the daily chart ,and probably you must know that the triangle pattern is one of the continuation pattern ; and also you can clearly see that XRP in the uptrend which means that there is high chance to fly .
and let's explain more details in the daily chart : you can see that price breaks out from the triangle and also the daily structure ( blue box ) and also retested it as support and these are very strong bullish sings for the XRP , and also on more important thing for XRP is that it can also hold above 21 ema .
but where is the potential targets for the XRP :
I'm talking about big move now , because you can see in the picture above there is high chance to reach 1.618 fib level at 2/87$ , yes its very big pump but be ready for this and try to buy and hold some XRP in this price !!!
here is the 4H chart :
in the 4H chart XRP price create a nice triangle and you can say this is breaks out already but for more confirmation price needs to test the upper line of the triangle and maybe the 21ema but when the price breaks the 4h structure ( yellow box ) XRP price explode !!!!
I hope you enjoyed this analysis.
Do not forget to like and subscribe
share my ideas with your friends , thanks for watching my ideas