Ripple cup & handle?
Updated
Cup and handle most likely forming, if not then I expect the h&s to push it down to the last trendline. I'm long.
If XRP forms a c&h and breaks out of the top trendline, then expect STRBTC to follow also.
Disclaimer: sorry for my poor usage of drawing tools. It's my first chart.
If XRP forms a c&h and breaks out of the top trendline, then expect STRBTC to follow also.
Disclaimer: sorry for my poor usage of drawing tools. It's my first chart.
Trade active
Looks like it's following the h&s down to the last trendline. Watch carefully, if it breaks the trendline, I am out.Trade closed manually
I'm out. Unfortunately we broke the blue trendline, I expect it to land at the last trendline in the upper 5000's but I'm not sure right now due to overall market conditions.
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.