XRP 1 Hr observation

observing if this is a flag for the coming days. Consolidation is currently in effect.

Marked every other 11am 11pm

funny it started dropping right before I finished this....

Short right now
Watch for buy at bottom of flag

all volatility before news come Swell..

Commento:

Please take notice of a possible symmetrical triangle formation as well.

That would pull price up to .30 again from where price current is sitting @ the 200 MA line bouncing a bit. Should support hold then that would = symmetrical triangle up to test .30 again soon.

Commento:

IDEA 1 for this idea

Commento:

price rejects 200 MA heads to .30 re-test

Commento:

most likely this will deny .30 and fail to .2985 and 1...break out to a direction in the next coming day or 2...continue to .2950 and go up after lunch around 1pm.

Commento:

Take notice of the red circle's and where the time was.
Then take notice of the blue circles and where the time was.

As stated...always something to show a little before and a little after ;)