parabolic channel backtest
When we are still waiting for btc to go down to $6.5k (expecting) alts will follow... will xrp test again $0.25 support (xrpusd pair)? we will see... If xrp follows the cup arched channel to 5k, we will test again for the 3rd time the 19k sats (xrp/btc pair) resistance... What happens if a major resistance is tested for 3rd or 4th time? hmmm
A large Cup and Handle is forming and we're half way through the cycle. Waiting again to hit double bottom before a parabolic run to the handle at 5k sats. I last saw it in the q3 of 2017 with btc. XRP is hitting again it's major resistance 22k sats for the third time on the run up. And what happens if a major resistance is being tested for the 3rd time? we will see...