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Ripple breaks out of triangle
XRP / Bitcoin
Long
Ripple breaks out of triangle
By FOMONOMO
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May 4, 2017
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May 4, 2017
Ripple recently broke out of a triangle formation and breached through the 50 and 38% retracements along with long term support lines V and W.
We met resistance at diagonal line 0 and are currently building support at line W
I suspect we build some support between lines W, X and the 38% retracement, as we continue to test diagonal line 0 in zone 2
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