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Descending Triangle

XRP/USD: Road to $0.20 centsXRP doesnt't hit their historical maximum price of $3.42 USD since January 2019 (past big altseason), but XRP made a historical maximum price of almost $1.90 USD since April 2021 and we never make a higher high since then. So guys, technically, we forming a descending triangle in the price and we could to look a possible crash of 60% of their price to take note in this cryptocurrency and mark a road to $0.20 cents approximately. Also the MACD indicator show sell inminent if you hold XRP because we suppose a possible big crash in the crypto-market and the worse it's happening now!!! So guys, buy again XRP to $0.20 cents, it's incredible if the price reach this level very cheap. I would like to buy a lot XRP and accumulate in my trading app to find up 200% yearly to get that compound interest and increasing XRP assets by long term like excellent opportunities to long term. So, I will take in my radar my favorite altcoin that it's Ripple or called XRP. Do you know that XRP has a strong fundamental key to take in note by long term!!!!
BITSTAMP:XRPUSDShort
by harisonhbn9718
11
ETHUSDT getting ready for a dropHello guys, Based on the chart, we're on a down trend and a descending triangle has formed. We can clearly see that this triangle is broken and a pullback is about to happening(or maybe finished) So based on this scenario we can open our sell position to the specified targets. Note: This post will be update base on market reaction. ✅✅ If you found our analysis useful, please Like and Subscribe us to receive more signals in future. ✅✅ Good luck!
Short
by Brian_Philips
2
OGNUSDT is creating a descending channelThe price is creating a descending channel on the 4 timeframes and now the market is getting the liquidity from the daily demand. At 0.5 $ the price has a resistance. How we can approach it? If the price is going to have a breakout from the descending channel and retest the 4h resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
4
XRP Solana Fractal with similar bearish sentimentThis fractal speaks for itself. The descending triangle is usually rather bearish but retail sentiment is at the bottom. I did my analyses on the s&p, bitcoin and alts and came to the conclusion that this is most likely the bottom. Some alts, including XRP have a few more percent to the downside. So in my opinion a good time to average in but a bad time to trade. I see bearish technical targets at around $ 0.25 but for me dca is the way to go here as I never fight the uptrend. Not unlikely to see XRP over a dollar by august and possibly new all time highs for BTC, ETH and BNB this year.
Long
by mptrading74675
2
Tell Ray to...I mean Tilray...Tilray Brands, Inc. NASDAQ:TLRY Tell Ray to...I mean Tilray... okay, okay, okay. Tilray got himself in a descending triangle. My question to you is-Will Tilray get up and leave or will he fall down to his knees? Well, I've cooked up an answer of my own after analyzing the information he provided on the daily chart. My findings are recorded below. Pattern Identified- A descending triangle was identified on the daily chart for TLRY. www.tradingview.com Position Explained-Bullish divergence on the daily time frame. TLRY is currently in a downward trend. However, it is in a buy zone. Both the RSI and OBV indicators are pointing up at time of this post (after market hours 28 April 2022). Peace and Prosperity, Al *******This is not financial advice.**************This is not financial advice.**************This is not financial advice.*******
NASDAQ:TLRYLong
by MrALtrades00
1
ROSE/USDT READY FOR A 50% MOVE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ROSE/USDT TRADE setup. ROSE looks promising here. ROSE is trading inside a descending triangle and currently bouncing from the lower trendline. Once it breaks the triangle it will pump well. Accumulate some here and add more in the dip. Entry range:- $0.212-$0.222 Targe:- 50-60% SL:- $0.20 Buy on spot or you can also use low leverage 2x-4x If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
4
AMC Major Upwards Movement SoonA lot of AMC apes are worried about the day-to-day price movement. In my opinion, as long as it doesn't drop below 14.50 for more than a day, I'm hyper-bullish on a run up between now and the start of August. Keeping calm and accepting that this could take a couple more months before it blows will do wonders to investors' mental health. Stop worrying about little drops. The stock is still within it's descending triangle. Soon, but not that soon we will break out. Be smart. Be patient.
NYSE:AMCLong
by BakedSpud32
1