CWouter

CWouter

The chart should explain everything. The analysis above is ONLY VALID IF : The neckline is broken by closing a candle (a wick breaking the neckline is not enough) And IF the neckline is broken on high volume . Low volume will indicate a false breakout or a short term downtrend.

CWouter Updated 

The symmetrical triangle from the previous analysis morphed into a descending triangle. This descending triangle is indicating a bearish signal. But we can see that the upwards volume is increasing at the lower boundary of the triangle. Which is indicating that we will probably see a price increase in the next few hours. After the 'small' increase we will need to...

CWouter Updated 

On the 4H XRP/EUR chart we start to see a symmetrical triangle. Which is a continuation pattern of the previous uptrend.