Since the last 4 drops on the lower channel line have been made, there have been higher lows with a flat resistance converging to the upper channel line. A break of this triangle could lead us to the upper target at the 200 EMA on the 4H timeframe as discussed in earlier posts.
Note
XRP Breaking triangle.
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.
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.