scottjonline
Panjang

XRPBTC flag #3 Short term bearish, Long term very bullish.

POLONIEX:XRPBTC   Ripple / Bitcoin
If the current flag plays out as past flags have, look for a pullback consolidation to the main support trendline around the 0.5 to 0.618 fib area then on to another breakout. Also notice the trend/volume divergence. Of course with any technical analysis , it's just an edge and anything can happen. Summary: Short term bearish , Long term very bullish .
Well that escalated quickly. Lol
Balas