$XRP Pennant Formation
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A clearly defined pennant has formed in 
XRP - would look for a leg down to .74 - .75 range (buy zone) before bouncing up off of support and making a run to .86 - if this happens, pay close attention as this has been resistance for four candles yesterday. If a confirmed break-out materializes, look for the next fib up, which would be around .93
As always, this is a hypothetical, so DYOR
XRP - would look for a leg down to .74 - .75 range (buy zone) before bouncing up off of support and making a run to .86 - if this happens, pay close attention as this has been resistance for four candles yesterday. If a confirmed break-out materializes, look for the next fib up, which would be around .93As always, this is a hypothetical, so DYOR
Trade attivo
edit: should have pulled the trend line down to the end of the wick on the bottom support. we're still inside the pennant.
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