XRPUSD and XRPBTC Bullish Formations equal gains

Purely a charting play with fib extensions. Sometimes that is all you need. I have a stop in there on XRPUSD that I hope to leave alone for a year or so before I take some profit. It would be nice if we had a 500% month in XRP but that is wishful thinking.

XPRUSD went into this triangle with an uptrend so the supposition is the uptrend will continue. XRPBTC has a inverted head and shoulders at the same time so I think both will reach target and I will be moving to Gainsville, Population +1.

Kommentera:

XRP is notoriously volatile. I still think we are going to see a pump to the upside and test multi-year resistance but the thrash is going to be very painful

I had some margin that got stopped out for a 25% move at x5. I am going to look for a new entry and I think looking for an entry around the green buy box.