hors3sho3

XRP Head and Shoulders: Bearish Trend

BITSTAMP:XRPUSD   Ripple
Keep an eye out on xrp. If it crosses the horizontal support line, look for a bearish move down to .5 Fib Line, if support kicks in and bounces up off of horizontal support line, look for consolidation before a minor breakout back above .382 Fib line.

Notes: Arrow icon at point of support that is crucial to idea above. I will add to the chart if time will allow later on today. Not sure what happened, but my horizontal lines shifted. I will try to make the alterations.

Use information at your own risk, I am not a professional nor is this investment advice. This is how I see the chart.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.