nagihatoum

XRP breaking out of range

Long
XRP has multiple bullish pattern breakouts:
The descending falling wedge with a measured at 0.91.
The triple bullish C-fork break out, with a measured move at 0.5 and 0.91.
Descending triangle breakout with a measured move at 0.55.

The ideal long entry would have been at range support, but if price breakout of range then the next targets are mid range at 0.7, order block at 0.795 and range resistance, c-fork and falling wedge measured move at 0.91.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.