Long

Still Sucking on That Ripple

Zaktualizowano

I've been waiting all day for XRP to break this continuational-accumulated flag pattern. Anyone else want some milk?

Zlecenie aktywne

Well, the original flag pattern didn't quite go as planned, but the price action appears to be favoring the previous structure support now:

tradingview.com/chart/5g60qKSp/

Still holding strong. Trade well my friends.

Zlecenie aktywne

This might be the last hope for the Bulls. The green support region is definitely the last line of defense or we may very well see the 55-50s range all over again.

tradingview.com/chart/5g60qKSp/

Zlecenie aktywne

Key level of resistance that we need to plow through!

Zlecenie aktywne

With the breakout I’m anticipating a nice inverted HnS continuation pattern; would love to see it at the 1.618:

Uwaga

However, those yellow and orange trendlines, respectively, are our next battles. If we surpass them, we’ll continue milking those Ripples!

Zlecenie aktywne

Here’s the front lines; stay vigilant!

Uwaga

Pen’d it; with just the tip though...

Uwaga

Now that’s full unadulterated penetration!

Zlecenie aktywne

Talk about a full bull rager... No contest!

Okay. Next up, these two levels of resistance. With the looks of it, just might plow through it relatively easily.

Uwaga

Now that the market is done with its 2PM (PST) nap and starting to crawl out of bed...

We’ve had a nice healthy pullback since; it’s tested the previous structure resistance and is reloading for another strike:

Trade well my friends.

Uwaga

Round two:

Zlecenie aktywne

Well... since they just let us walk right through; let’s focus on this chunk of resistance!

Uwaga

This here is an exhaustive retreat; retesting the minor support levels for recouperation and reinforcements:

Zlecenie aktywne

That was a tough battle, but unsuccessful. I’d like to see a full retrace back to the flag pattern’s major support level within the yellow ellipse; this will ensure us enough recouperation, strength, and momentum to tackle that major level of resistance above:

Uwaga

Hmm... maybe no need for a full retrace; the price action has stopped at our decent chunk of resistance and has formed a Double Bar reversal patterns with Close/Open of 0.715 respectively! Maybe we’ll be seeing the .80s again sooner than anticipated

Uwaga

LOL. No Kyrpt. No.

Either way, we’re back to previous Flag Pattern Support. Let’s see some Accumulation!

Uwaga

Looking like a Death’s Scythe pattern... could be devastating for Bulls fans:

Uwaga

Think we’re going to be okay! Back to the .80s!

Uwaga

Ahh yes, the accumulation and reversal was grand; back to the 80s!

Uwaga

Gogogogo!

KryptoTradr

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.