XRPUSDT is trying to have a breakout from a descending triangle

Updated
XRPUSDT is trying to have a breakout from a descending triangle. The price is between weekly structures. IF the price will have a breakout from the resistance and retest it as new support, we can add to our watchlist and wait for apply our rules, otherwise, if the price will lose the weekly support, we can look for a short position
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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <4h structure.
Note
The price is following my arrow. Very nice profit so far
snapshot
Note
After a breakout, the price is creating a descending channel. Wait for the next breakout snapshot
Note
Nice profits so far in Vip Group.
the price is testing an important 4h resistance right now 👀
snapshot
breakoutChart PatternsHarmonic PatternsTrend AnalysistrianglebreakTriangle Wave

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