This is my 2-3 months trading plan with Ripple XRP and I'm posting this because one person asked me about it in the comments on the previous chart :)
We are currently in a small ascending triangle, but there is also a big ascending triangle that we are in. If we break out of small ascending triangle we could see this pattern.
It's really hard to predict what is going to happen in next 2-3 months, but this is my take on it. If we break a big ascending triangle, the XRP's price might go up really high. :)
Hopefully we can stay on the track and not break the triangle from the bottom, as that would probably break up this entire pattern.
We are currently in a small ascending triangle, but there is also a big ascending triangle that we are in. If we break out of small ascending triangle we could see this pattern.
It's really hard to predict what is going to happen in next 2-3 months, but this is my take on it. If we break a big ascending triangle, the XRP's price might go up really high. :)
Hopefully we can stay on the track and not break the triangle from the bottom, as that would probably break up this entire pattern.
Comment:
Ripple has unfortunately very strongly fallen out of the triangle so the best thing to do is to cut my losses. I was hoping for a bounce back, but looks like its not going to happen.