i hope this happen because in this pattern we have a deep and we can have a top as tall as this deep. so as we look in chart it can gave us about 70% profit.
xrpusdt was in the channel for long time and recently breaked the roof of that long term channel. if it can consolidate on the roof as a support line and another horizontal resistance line become support line, then we will have three target with fibonacci system that have been showed in the chart with PRZ 1-3.
also if we assume the yellow part as a flag...
lite con after a big falling and retraceing its on teh strong support line, and now it breaked the roof of long term channel and also its on the base of fork. it can have a big raising wave with the good target almost 300% profit as its the roof of the fork and also as the width of the channel.
if neo do a pull back after breking the roof, it can raise as the channel width. but if do retracement to 0.5 fibo then it can raise to violet rectancels in long term.
neo recently breaked the roof of long term channel, if it can consolidate on that it will have another raising wave and ichimoku indicator can prove it raising.
