RichardDavisFX

XRP - Bull market + Symmetrical triangle

Long
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XRPUSD is on the strong bullish market, also we can see an increase in the market cap of this particular cryptocurrency. Looking at the chart I am showing You, We see a symmetrical triangle pattern on the 4h chart. The next move We would like to see is breaking the triangle and see a confirmation candle, or the second option - break the triangle, then come back to level, and then see a nice move up. Let's not forget, that it could easily go downwards as well, in that case, it would a great time to buy more of Ripple. On 23rd November, We saw how the candle breaks a similar triangle pattern and the candles just went straight up with very strong movement. So, if We see it breaking the triangle, easily could see a strong move upwards, could even see it breaking previous times highest point and making a new high - could go to the next strong Key level @0.82940.

Looking at My Portfolio, sitting on a nice +300% profit (only XRP).

Remember to use money, You can afford to lose!
I am not a "Financial advisor", so before doing something, do Your own research!
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Thank you and have an awesome day.
See You soon,
Richard Davis.
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