XRP For pattern traders
I circled 3 patterns you should be looking for on the 4Hr for those wondering. Also you should be looking for a double squeeze or regular pinch squeeze like I highlighted in blue and marked.
3 green circles marked for you to see how we touched 3 times after the correction into a bullish continuation flag.
You're looking at point D in a correction wave reverse symmetrical flat (wave theory)
Buyers are sitting between 127 / 161 .... 11c down to .08c
Which means we can stop there or we can go just beyond that as low as .06 / .05 for take outs. I don't see it but its possible if we hit 5B on XMC.
3 green circles marked for you to see how we touched 3 times after the correction into a bullish continuation flag.
You're looking at point D in a correction wave reverse symmetrical flat (wave theory)
Buyers are sitting between 127 / 161 .... 11c down to .08c
Which means we can stop there or we can go just beyond that as low as .06 / .05 for take outs. I don't see it but its possible if we hit 5B on XMC.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.