XRP has gained a lot of attention by influencers who claim the chart forms a head and shoulders top.
logic tells me to do the opposite of any influencer or news headline.
what's a more optimistic pattern than the dreaded head and shoulders? perhaps a bullish consolidation wedge? XRP's chart is full of bullish flags and symmetrical triangles. if one focuses on not just a pattern, but a common pattern (very meta indeed), there seem to be common points where rays can be projected.
it just so happens those rays in my opinion show me the consolidation range, breakout point, and retracement level before confirmation and continuation.
anyone else see what i see?
logic tells me to do the opposite of any influencer or news headline.
what's a more optimistic pattern than the dreaded head and shoulders? perhaps a bullish consolidation wedge? XRP's chart is full of bullish flags and symmetrical triangles. if one focuses on not just a pattern, but a common pattern (very meta indeed), there seem to be common points where rays can be projected.
it just so happens those rays in my opinion show me the consolidation range, breakout point, and retracement level before confirmation and continuation.
anyone else see what i see?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.