롱

I don't like my charts messy but...

업데이트됨

First of all, this is not advice! Just my point of view on the XRP chart right now.

XRP is bullish as I have talked about on almost every TF (look at my other idea's down bellow).

Right now XRP looks like it has completed a clear inverse H&S on the 1h chart! Right now we could be retesting the neckline.

Combined with all of the other bullish factors, would I favor a bullish position to squeeze the shorts.

When you measure the head of the inverse H&S, we should have a target price of .363. This level also correlates with the top to the last high in this consolidation fase.

PS: Keep in mind we can still wick to the orange trend line at any time.

Good luck!

노트

Bulls tried to breake the neckline of the possible inverse h&s, the bears defended this region well with a fair amount of sell volume.

Right now we are consolidating bellow the neckline.

We still may see a touche of that orange trend line to make bears fomo sell. After that touche and solid bounce, I would be even more confidence on my projections of +.36 USD cents.

노트

We actually have a neutral triangle right now on the 15m chart.
I wouldn't trade this, but I think we will see a pull back to that orange trend line.
That would be a +-3,5 procent drop.

노트

Well that trend line is playing out so far in the favor of the BULLS!
The H&S pattern looks to be failing so far with not a explosive break out. I still have my eyes at .35 USD (take a look bellow)

Good luck!