XRPUSD - Falling Wedge, complete market cycle - LONG
Updated
XRPUSD - Falling Wedge. Fan Favourite looks ready to go, at least for a decent recovery rally.
Much of crypto is showing similar patterns. Hopefully it doesn't turn out to be just a feign relief rally. Plenty of upside on many alts even if it is just to gain a few levels back.
Much of crypto is showing similar patterns. Hopefully it doesn't turn out to be just a feign relief rally. Plenty of upside on many alts even if it is just to gain a few levels back.
Note
Bitcoins push up into the high 4kUSD range has knocked XRPBTC down for a touch of a major trend line, and simultaneously pushed XRPUSD up for a test of a major down trend. I can see XRPBTC recovering quickly once Bitcoin consolidates and XRPUSD breaking it's downtrend and moving towards the first target.
Note
BTC PA stunted XRP a bit, but we are still on our way to 80c. 25% prof so far.Order cancelled
Chart depreciated.
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