Hi all,
This is just a quick update on XRPEUR.
What an amazing previous 1h candle! Good volume, no upper or lower shadow and most important: green!
XRPEUR pair seems to have created a double bottom with the low around 15 december 2018. Thereby it exited from the falling wedge and made its way back into the big green triangle. If price does not make a sudden and unexpected U-turn (or BTC does something weird), I would expect it to test the upper descending green trendline (red box) in the near future.
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Comments are welcome.
Please like & follow for more TA.
DISCLAIMER:
This is neither a trading nor a financial advice.
You are responsible for your own actions so do your own research.
This is just a quick update on XRPEUR.
What an amazing previous 1h candle! Good volume, no upper or lower shadow and most important: green!
XRPEUR pair seems to have created a double bottom with the low around 15 december 2018. Thereby it exited from the falling wedge and made its way back into the big green triangle. If price does not make a sudden and unexpected U-turn (or BTC does something weird), I would expect it to test the upper descending green trendline (red box) in the near future.
----------------------
Comments are welcome.
Please like & follow for more TA.
DISCLAIMER:
This is neither a trading nor a financial advice.
You are responsible for your own actions so do your own research.