Risky play with SWELL right around the corner and all the news about Ripple and XRP recently, BUT it does look like a nice H&S setup that I mentioned earlier this week is taking shape, with plenty of room on the RSI to make it happen. BTC outlook (probable drop to ~$6.5k) makes the H&S pattern here stand out to me.
1st TGT (hold until top of right shoulder): $0.2850
2nd TGT (buy at top of previously broken trendline): $0.2350
Expect the drop around Halloween, if it happens.
This is just me talking out loud, not financial advice!
1st TGT (hold until top of right shoulder): $0.2850
2nd TGT (buy at top of previously broken trendline): $0.2350
Expect the drop around Halloween, if it happens.
This is just me talking out loud, not financial advice!
Initial target of $0.2850 reached