haha i am a lil biased to this chart i am not the biggest fan of XRP but thats just my opinion im trying to remove them from my charting and just put the lines where the belong and let the chart do the talking for itself
The price breaked out the falling TL and retest. Next step was starting form triangle pattern on chart and because we broke the long falling TL, I think that we can move up, exactly to 0,618 - 1 fib. extension. Volume is very low, that confirm triangle pattern, but still we can go down. We have to be patient and wait for confirmate the pattern.
Everything noteworthy mentioned in the chart. After waiting almost 2 years, XRP is finally arriving in the sweet spot area for a long attempt. Spotting these algo levels functions pretty damn well in the futures market, and it seems it works with crypto as well, have a look how exact the levels are respected. And these major keylevels are known since Dec '17! You...
XRP has been in a very clear symmetrical triangle consolidation after a downward reversal trend change. Although symmetrical triangles are neutral patterns to be traded on breakout, the fact that it is a consolidation of an uptrend increases its probability of breaking up. Targets shown in chart.
Please use good money management. Always remember to take some...
Reasons for open position:
- Price in triangle
- Price in Range, between support and resistance line
The information provided is not financial advice, always do your own research.
Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it.
Also, if you have questions you...
september 21st is big day i think it ll breakout and start goin up i dont see xrp much growing vs xlm charts are different ppl says if xrp goes xlm does too but jed ownes a lot of xrp and his chart looks like which is crazy but will pass xrp
hi guys. in crypto world, we see lots of hope. especially, ripple.
people, buy at 0.25 dollar range, but it does not move so great. at the moment, price is capped, along the downtrend line, which could give a little pump upwards.
however, not great. compare that to EOS now. i am trading eos so great now, move is nice.
because why. because eos has hardfork on...