BARSTrading

XRP is about to break the channel

BARSTrading Uppdaterad   
BINANCE:XRPUSDT   XRP / TetherUS
It's caught in a tight pennant on the 1hour chart. But if it breaks this long triangular formation on the daily, it can easily hit the 0.5 Fib level on the chart.
Eyes open for this.
Kommentera:
First TP - $0.75
Second TP - $0.89
Third TP (Risky) - $0.98
Fourth TP (Very Risky) - $1.35
Kommentera:
On the flip side, going down,
First support - $0.43
Second support - $0.36
Third support (very low possibility + very strong support) = $0.23
Kommentera:
Good chance XRP will test $0.42 before breaking and rising! Keep your eyes up.
currently still stuck here in the triangle if I zoom in
Kommentera:
Hopefully this is just a bullish Cup and Handle - where it's currently forming the handle
Kommentera:
Kommentera:
beautiful setup. we need this downtrend
Kommentera:
Setting up a nice head and shoulders with a larger cup and handle. This is all bullish
Handel aktiv:
Touchdown!
XRP completes the handle bottom.
Now we only go up
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