XRP possible H&S pattern.

29 dic 2018

Hello everybody.

On the 4 hour chart I have identified a possible H&S pattern. So now we are headed into the right shoulder within this pattern. If the pattern holds then Jan the1st I expect to see a low of .31 to .28. I have also included a similar pattern in the chart that dates back to Sept 25 to Oct 11th for comparison.

Dec 17-19 .28 low to a .39 high.
Dec 22-24 .34 low to a .45 high.
Dec 27-29 .32 low to a .37 high.

Proposed idea if the right shoulder holds.
Dec 30- Jan 1st to a .28 low, then possible lower lows given the nature of the H&S pattern.

Cheers

30 gen 2019

Nota