XRP / BitcoinLong
XRPBTC completed a BIG DIAMOND reversal; BB signals a big move
XRPBTC completed a very big diamond reversal pattern & is also forming the right shoulder of an inverse head & shoulder pattern.
Measurered move of H&S shown on this weekly chart.
The Bollinger Band is also very constricted in the weekly but have already expanded upwards on the daily. (BIG MOVE IS COMING!)
It came down to retest a pivot support & so far holding it. It should encounter mild resistance at the next 2 resistance lines before reaching
the neckline to complete the H&S.
not trading advice
Measurered move of H&S shown on this weekly chart.
The Bollinger Band is also very constricted in the weekly but have already expanded upwards on the daily. (BIG MOVE IS COMING!)
It came down to retest a pivot support & so far holding it. It should encounter mild resistance at the next 2 resistance lines before reaching
the neckline to complete the H&S.
not trading advice
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.