Textbook, beautiful symmetric Head & Shoulders reversal pattern emerged on Ripple
approaching the Neckline.
Head is the highest peak among three on the chart
Neckline is built through valleys of the Head.
Price already tested Neckline support and was rejected yesterday.
Bearish trigger is on the clear breakdown.
Target is located at 0.55
It was calculated by subtracting the height of the Head from the Neckline.
It is the support area where XRP started its rally before.
"What goes up should come down"
approaching the Neckline.
Head is the highest peak among three on the chart
Neckline is built through valleys of the Head.
Price already tested Neckline support and was rejected yesterday.
Bearish trigger is on the clear breakdown.
Target is located at 0.55
It was calculated by subtracting the height of the Head from the Neckline.
It is the support area where XRP started its rally before.
"What goes up should come down"
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.