Overlapping double top & double bottom patterns on xrpusd

2024년 4월 28일

Hard to say which one of these patterns are more likely to get validated at this point. Always a chance Bitcoin dumps one last big leg down from now until June in which case one last big capitulation dump could be enough to trigger the double top pattern here. However if the correction for bitcoin has already found its bottom then I think its a higher probability that the double bottom pattern is the one that gets validated. Either way I think a decision will be made on one or the other before June. To actually get the double top pattern to play out and drop as low as this target would be an amazing opportunity of a gift to load up on much more xrp in my opinion *not financial advice*

2024년 7월 13일

노트

Xrp climbing back above the double top neckline after threatening to trigger a break down on the previous weekly candle.

2024년 7월 13일

노트

Weekly candle bodies still holding body support on the double bottom even though it did. Send a wick below it.

2024년 11월 15일

노트

Breaking above the top trendline here. Need to flip it to support. It’s more of a channel than a double bottom pattern at this point but the breakout target remains the same.

2024년 11월 18일

노트

Channel breakout target hit!