XRPUSD Update: Part 2 - Falling Wedge
Updated
Further reason why I'm very calm (and BULLISH!!!) with current price action.
A nice descending wedge pattern is seen here on the 4H chart typified by:
- Low highs and Lower lows
- Converging upper and lower trend lines
- Ever decreasing volumes to add further validity to the pattern
Calm before the storm. The end of correction/consolidation is near...
A nice descending wedge pattern is seen here on the 4H chart typified by:
- Low highs and Lower lows
- Converging upper and lower trend lines
- Ever decreasing volumes to add further validity to the pattern
Calm before the storm. The end of correction/consolidation is near...
Note
Follow me for regular XRP and Crypto technical analysis
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.