UnknownUnicorn1722555

XRP in ascending broadening wedge

Kort
UnknownUnicorn1722555 Uppdaterad   
BITFINEX:XRPUSD   Ripple
Volume is going down and RSI shows oversold. MacD bounced back to sell. Expect pullback to support near $0.78.

Not investment advice. I'm a newbie trader.

Big thanks to @magicpoopcannon for inspiring me to get into charting. I've been reverse-engineering his charts to get to his god-level TA.

Comments appreciated.
Kommentera:
Looks like I should have mentioned to pay close attention at major resistance at $0.93. If there is a breakout there, then the pattern is nullified (and so it is.)

But it might just end up being a failed breakout because we still might not be out of the bear market looking at the large red candle $1. Let's see. It might be a DCB.
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