4 potential shorter timeframe triangles on rep 1wk log chart

My previous chart idea which I will link to below showed the monthly timeframe logchart of the 2 potential larger triangles xrp has been consolidating in, so I wanted to also follow that up with a weekly chart timeframe of the the 4 potential smaller triangles we have also been consolidating in so I can eep track of their progress as well. All the potential measured move ines here have been randomly placed so of course where ever it does break upward will likely be slightly different and will only require I readjust those measured move lines slightly at that point only changing their price targets slightly. *not financial advice*
Note
Last wick resistance was precisely on the top trendline of the yellow triangle. Hopefully the weekly 50ma(in orange)will hold support and provide the momentum needed for price action to finally break above it. If it holds support odds are good we should see a break above the yellow top trendline within 4-5 more candles.
1wkChart PatternsLOGARITHMIClogchartrippleSymmetrical TriangleTrend Analysisxrpxrpusd

Related publications

Disclaimer