Pattern recognition already worked a lot on that asset.
so, as already mentioned on my BTC analysis I think we will see more lows
According to this chart dump should start tomorrow, a Monday, its also on that day that XRP started to dump early November, and we could see 0.5 this week
I can be totally wrong but I give it a try
TP: O.5
any invalidation of this pattern would be a bullish sign
Cheers and Merry Christmas
so, as already mentioned on my BTC analysis I think we will see more lows
According to this chart dump should start tomorrow, a Monday, its also on that day that XRP started to dump early November, and we could see 0.5 this week
I can be totally wrong but I give it a try
TP: O.5
any invalidation of this pattern would be a bullish sign
Cheers and Merry Christmas
Note
.6 need to breaks and it might be free fallNote
Idea is still valid, breakout up or down might happen soonNote
OK literally one minute before dump happened.55-.56 is also a good support, if it breaks => .5
Note
TARGET REACHEDTrade closed: target reached
Note
Note for those who didn't enter at .5 to buy back, it is very likely about to retest this support
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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.