weslad

Xrpusdt must watch pattern

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weslad Обновлено   
BINANCE:XRPUSDT   XRP / TetherUS
Hey guys,

Looking closely on XRP we can say its moving in triangle with similar proportions

Triangle A and Triangle B.

The idea from A shows price will likely move upside from here to test point 3 on triangle B.

Well based on this view BULL have upper hand.

We also has some other supported factors that confirmed BULL to be in control such factors includes:

1. Price break out from strong downtrend TL and it re-tested it already.
2. RSI is above 50 which shows we are in BULL territory.

In respect to this, accumulating XRP will be a wise decision.

Kindly go through the chart and do leave us your comments to let us know how you feel about our view,

Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas

Thank you.
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Just as predicted price breakout on the 3rd test on the triangle B. Those that long based on this idea should book profit and wait to re-long the triangle re-test.

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