tradeformula

XRP's 2017 bull/bear transition Pt. 3 & intrabar analysis

Long
tradeformula Updated   
XRP is following the pattern created in 2017 I had pointed to in previous videos, and I believe we just made our low yesterday which established the line of support moving upwards. I also looked at some intrabar analysis on the 1m which will determine if this is truly a H&S pattern we're looking at, or if this is simply a flag, and price pushes upwards over the next 24 hrs. Something to watch.
Comment:
Move is looking increasingly bullish, and after breaking out of previous high, we see an oversold stochastic on the 1m here.

Comment:
Big decision making moment right here.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.