No more running XRP. Time to decide wtf you are doing with your life.
XRP is approaching the end of its decsending wedge.
Will it break up? down?... or will it consolidate?
Big descending wedge.
There's fairly strong support at the 6000-6200 zone.
If it breaks that zone and considering the following levels of support aren't very strong,
there's a fair chance it sees out the rest of the descending wedge.
Thoughts?
Possible Longer term 37% as seen in the chart if a break in resistance occurs.
Height of the Bull Pennant pole aligns with 38.6 fib retracement after downtrend. Interesting.
Not an extremely valid trend line just yet, so I may look to enter if it bounces off again or breaks coming resistance in the next day or so.
Break upwards for some nice gains after the pennant. Now approaching previous resistance.
Little bull pennant on the 1hr for a possible 6-7% short term gain.
Note: I'm posting this for my own record for improvement. Not advice.
Squeezing to the end of the bull flag. Could expect another push up to resistance. Stop loss at 0.0003319.
Any tips or advice are very welcome
