XRP / BTC TA
Here we are again looking at possible patterns visible on chart. Our liquidity grab zone is located between 6299 - 6070 Sats
We should not break 6000 in order to maintain bullish pattern. If we break 6000 on a firm break, expect more downtrend to occur.
Pennant Pattern allows for breakout to occur between now and Jun 8
Ascending triangular Pattern allows for longer term accumulation with breakout in Q4
Here we are again looking at possible patterns visible on chart. Our liquidity grab zone is located between 6299 - 6070 Sats
We should not break 6000 in order to maintain bullish pattern. If we break 6000 on a firm break, expect more downtrend to occur.
Pennant Pattern allows for breakout to occur between now and Jun 8
Ascending triangular Pattern allows for longer term accumulation with breakout in Q4
Note
Broke it - SOSNote
Would be very interesting bear trap
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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.
Related publications
Disclaimer
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.