Hi Traders,
Looking at 4H Chart, Ripple has been forming a Bull Flag to target 1.61 where the neck of Head and Shoulders pattern is located at.
Price is still sitting on EMA50 where ripple has found a great support. Also notice EMA50 has crossed EMA100.
Prepare for the breakout soon!
Remember: There is a strong resistance at the neck of Head and Shoulders.
This is not a financial advice.
Happy trading...
Looking at 4H Chart, Ripple has been forming a Bull Flag to target 1.61 where the neck of Head and Shoulders pattern is located at.
Price is still sitting on EMA50 where ripple has found a great support. Also notice EMA50 has crossed EMA100.
Prepare for the breakout soon!
Remember: There is a strong resistance at the neck of Head and Shoulders.
This is not a financial advice.
Happy trading...