I am anticipating a this move is xrp this month. I will use an aggressive C entry to ride up to d completion of this Gartley pattern.
Will use the entry to take profits and re enter long at 382 for additional move up to 80 cents.
This move could happen pretty quickly once we start the move upwards.
Good luck traders
I like the look of this inverse head and shoulders pattern.
Looks like were putting in a nice double bottom on 15 min for right shoulder.
We can see a number of sellers exiting there positions in xrp shorts, we need going to need some buyers to break the downtrend, if we do then next major hurdle is .40 cents.
I see this as the last major resistance from last...
it looks as thou we have seen the back of the bears for now and looks like the 6000 mark is a solid floor. The channel looks like a squeeze before we see any big upside movements but imo there is room for movement to 7500.
We have seen this move in btc before and expect a narrow trading channel for a few more months before we break up for a new high.
Have been looking for reasons to get long on xrp after having taken profits last week and have been trading the channel.
We have a cypher pattern and also have gone oversold on 60min.
good luck trading.
Great opportunity for all long term investment traders, i am looking for a pull back here on the 240 to look to ride this train down back into sub 5 lira territory.
Two targets here which i like which fibbs confluence 1st target will be 382 and 2nd at the famous 618.
Look for your own entry reasons guys/gels and happy trading.