On the 4H XRP/EUR chart we start to see a symmetrical triangle. Which is a continuation pattern of the previous uptrend.
Nota
The support line of the symmetrical triangle has been broken. If we would redraw the shape it would start to form a descending triangle which is indicating a bearish signal.Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
