XRP might start the h&s patterns right shoulder !?
Updated
Hi,
XRP might not be the most loved crypto, but there are some fundamentals that might be interesting.
longterm there is a massive h&s pattern that aims to two fib areas.
Idiea is selfexplaining.
target between 17500 to 19000
Ad we see a very long time range in forming that head and shoulders we probably see a comparable timerange to form the right shoulder to the neckline.
If Neckline breaks i would bet, whales will confirm fast and then there should be a good entry point, for everybody who trades supersafe.
good luck folks !
XRP might not be the most loved crypto, but there are some fundamentals that might be interesting.
longterm there is a massive h&s pattern that aims to two fib areas.
Idiea is selfexplaining.
target between 17500 to 19000
Ad we see a very long time range in forming that head and shoulders we probably see a comparable timerange to form the right shoulder to the neckline.
If Neckline breaks i would bet, whales will confirm fast and then there should be a good entry point, for everybody who trades supersafe.
good luck folks !
Note
give attention to the daily bullish divergence on left shoulder and head that startet the pattern moves, to be 100% confirmed wait for the bull. div. on the right shoulder too, to get in. even then profit is massive above 100% ...Have no fear rairy is hear ^^
Note
neckline broke, didnt means that the h&s isnt still legit. h&s in rare cases are super geometrical. XRP showing some signs of life in the area we arrived here...
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