So what is a "symmetrical triangle"? The symmetrical triangle usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended, and the symmetrical triangle takes shape. Regardless of the nature of the pattern (continuation or ...
https://www.tradingview.com/x/5JHw2eEg/ Just a quick look at the pinkbtc chart and looks that some paterns appeared, might repeat again, so deserves to keep an eye on it. I actually think that is gonna break up soon, as it gets to the end of the triangle. Did the drawings kinda fast, so don't base anything on it. What you guys think?
Theres defenitly a repeating patern going on here. If this pattern will happen again, you could expect Big profits in februari 2018. Dont forget: This is only my opinion, make of it what you wish. it's not advice or recommedation to buy or sell anything! Its only meant as a informative or entertainment purposes only.
Although Ripple seems to be going through the same troubles with dips alongside other cryptocurrencies, it nonetheless displays a flag pattern on the 1 year. Suggesting an upward trend. Coupled with the news in China and India where Ripple are expanding their influence and reach, the outlook looks positive.