ArianRudd
Panjang

Ripple at the breaking point

BITSTAMP:XRPUSD   Ripple / Dollar
342 10 4
Ripple at breaking point which is clearly visible on the chart.
Komen: As predicted:
Komen: Target 1: 1.9
Target 2: 2.4
Perdagangan tutup: sasaran tercapai: Both Targets hit.
The only thing is those triangles can break both ways ... and considering the market situation right now, it might break the other way as compared to before ... meaning way down :)
Balas
@Haceru, As the Shopping season selloffs are about to finish maybe it favors the bullish side of things.
Balas
Haceru ArianRudd
@ArianRudd, i think it needs more than that but will see soon enough :)
Balas
@Haceru, Finger crossed.
Balas
Haceru ArianRudd
@ArianRudd, I just drew up the same chart and to me it seems the triangle was broken a while ago to the sideways:
Balas
Haceru ArianRudd
@ArianRudd, also, looking at the 4h chart, you can see that this triangle is not even a "flag" as the previous one - it doesn`t touch the "pole". You can also see the similarities between the two, they both end with a consolidation channel and a "squeeze" on the Bollinger Bands, meaning they need a good impulse to go either up or down (as RSI and MACD indicate, it is 50%-50%)
Balas
@Haceru, Totally agreed on technical side however fundamentally the way Ripple positioned it self at the current market seems bullish to me.
Balas
Haceru ArianRudd
@ArianRudd, a, ok ... in maybe 2 months ... agreed ... but it was about this particular triangle at this particular moment, not about something somewhere in the future :)
Balas
@Haceru, seems solid! what do you think?
Balas
Haceru ArianRudd
@ArianRudd, just a "free card out of jail" for the buddies aka FOMOs stuck at the high price (P&D)
Balas
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