In the first box, you can see Bulls needed a few weeks to make their move. The Bears needed many months trying to push for a 100% retraction that never comes.
In the second box, you can see the same pattern. This time the falling wedge is way bigger than the first.
Bullish divergence on volume (in billions), you can check it out on OBV - On Balance Volume.
The bearish nature of this rising wedge, a correction of the previous dump will end up in a bear break around 10/19.
Trading on both sides. I'll open a long position now with a tight stop, and I will close it around $ 8.800 and $ 9.100. Right after I'll double a short position.
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Normal chart Xrp / Usd, that invalidates any pessimistic tendency. The normal chart and the inverted "can't" have the same nature as it opposit.
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This technical analysis does not involve fundamentalist factors, which are the most important and relevant. As there is no data on it, I just relied on calculations of previous cycles plus the Bulls season data (In general, not only in crypto. I already made a few posts with data about this topic).
If you think $ 360,2232 it's an absurd value, what would you say...