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XRP is very high in downtrend market, it keep the price is very good but now is time for short entry for this " star coin ".
We may have double top pattern and we are nearly with very strong resistance that need correction guys.
Short entry and take profit in 1 of 2 targets in the chart ; the point for stop loss I give all you in the chart
Thank for reading so ...
XRP/BTC may have double top pattern
DMI 4C show bull weaker
Short entry now is less risk and more return than long entry
Target is P in Pivot Point
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A few simple concepts to follow here.
Two massive thrusts out of a declining wedge patterns (first wedge not fully pictured, but thrust in Spring 2017 clearly pictured)... both took price up to the top of what appears to be a much larger wedge pattern forming (higher lows, and lower highs).
The third thrust broken out but hasn't yet reached the upper trendline ...
LEVEL SUPPORT DID NOT BREAK OUT, THE PRICE HAS POTENTIAL TO KEEP RISING
Hi Everyone !
In my opinion ; Xrp must follow the blur channel for moon ! Because the Black Channel is still going down! Xrp will want go to the moon ; because of this it will try to get in blue channel i think !
Good luck Guys !
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Seeing a pretty good gainer on this one. Not sure about hitting the take profit 2 in light of Bitcoin's price action, but TP1 should be within reason.
The eth pair got me in a bit earlier. The R/R is there if you are attempting to seek TP2 (R/R is 5+)
A cup with a handle is a figure of continuation of a bullish trend, by which it is possible to find opportunities to open long positions in the market.
-Bullish Inverted Head and Shoulder Continuation Pattern
You can see here on the 1 day chart that price has broken well above the neckline but is seeing resistance right at this blue horizontal line...what you cant see here is that the candle has already thrown a tiny wick above that line thus forming a higher high over the green candle where the horizontal line starts...in doing so XRP has broken the inside bar ...
Can we break resistance?
Hello I`m Liyatt
I'm afraid to analyze Ripple. but i will analyze it on the premise that Bitcoin is side-crawed in Box area ...
In the previous analysis, Ripple also had a selloff as the bit coin reached the primary target, but it surpassed the previous peak, and a noticeable rising signal was generated.
If break through 8840Sat from the FIB reset point of ...
chart speaks for itself. For a short period early on the in bear market XRP acted as a hedge for btc so it would not be unreasonable to assume XRP might still hold on for a little while longer while btc is falling, although the green buy zone needs to be watched for a break down. While the price does drop below the buy zone for a few days I decided to consider ...
here we can see the inverted head and shoulders and how xrp is currently testing the neckline. I have two price target as here in black boxes. The first one represents how high we should climb after breaking up from the small symmetrical triangle(in green). The second much higher price target is where we will go if we trigger the inverted head and shoulder pattern ...
XRP break out trendline. target 87xx-90xx . Stoploss 82XX
I congratulate Ripple now in 2nd place on the market market cap
I Show grow potential for XRPBTC
cu on moon