Ripple XRPBTC - Russian-doll Cup & Handles, or Double Top

Updated
Either another handle is forming after completion of this larger cup, or we may see a double top.

Personally, XRP is feeling very bullish to me and looks to potentially have a bright real-world future so I'm leaning towards another cup & handle - which would then lead to another, MUCH larger potential cup & handle. Will post about that later.

Watch for this - it's about to break, or try again with another larger handle.
Note
Well that definitely broke upwards...if it holds we're probably on our way to 0.00001500!
Note
Well that escalated quickly!

Don't know if it'll pull back a bit before reaching the target but wow we got more than half way there already...

Here's my speculation on a potential even larger C&H if it ends up reaching the target for this one.

Ripple XRPBTC - (Very Early) Bigger Cup & Handle Speculation
Note
Just some quick ideas on what some targets might be in the short term if it overshoots the blue target. Things are feeling really bullish and there are some more significant previous tops coming up that we might reach.

snapshot

The line at 0.00001750 actually might make more sense, because when you look at the volume, it actually looks like a more logical start of the large cup:

snapshot

So if we do get to 0.00001750 on this run I’ll have to revise my target for the large Cup & Handle!
Note
Target reached and then some!

It already spiked to 0.000016+, feels like it wants to hit that 0.00001750 target, still watching!
Note
Definitely looks like it wants 0.00001750

snapshot
Note
THERE IT IS!! 0.00001750 REACHED

Looks like it's still going...it's all up in the air now but maybe 0.00001975 is the next target
Note
WELL! Guess it just wanted to skip the handle and go straight to 0.00002500!!
I didn't expect to see that for a few weeks - WOW.

Hit every single one of my targets this week, have NO IDEA what's happening next. Will have to wait for some new patterns.

Hope anyone reading was able to capitalize on this, see you next time
Trade closed: target reached
Note
***SWITCHING USERNAME TO Oops_I_Charted***

tradingview.com/u/Oops_I_Charted/

Hey guys, just letting you know I’m disabling this account and changing my account permanently over to Oops_I_Charted.

I’ll be continuing my ideas over there so If you’re following me please follow the other account instead if you’re interested :)

Thanks!
ripplexrpXRPBTC

Related publications

Disclaimer