Hello Traders, this is Ripplayer
XRP has been forming this beautiful Ascending Triangle and getting ready to break out to the upside.
This trade could take us to our target $1.16
If you were to open a trade, wait for the confirmation breakout with volume support!
Always take some profit below the target.
"Ascending Triangle"
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern.
Ascending triangles are a bullish formation that anticipates an upside breakout.
Descending triangles are a bearish formation that anticipates a downside breakout.
Thank you, Traders, for taking your time to have a look at my Analysis. Have a fantastic day and a safe trading, all the Best!
"Chance favors the prepared mind.” – Louis Pasteur
Please like, subscribe and share your ideas and charts with the community!
Disclaimer!
Information provided is not a financial advice, it is only educational purposes. You make your own choice!
XRP has been forming this beautiful Ascending Triangle and getting ready to break out to the upside.
This trade could take us to our target $1.16
If you were to open a trade, wait for the confirmation breakout with volume support!
Always take some profit below the target.
"Ascending Triangle"
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern.
Ascending triangles are a bullish formation that anticipates an upside breakout.
Descending triangles are a bearish formation that anticipates a downside breakout.
Thank you, Traders, for taking your time to have a look at my Analysis. Have a fantastic day and a safe trading, all the Best!
"Chance favors the prepared mind.” – Louis Pasteur
Please like, subscribe and share your ideas and charts with the community!
Disclaimer!
Information provided is not a financial advice, it is only educational purposes. You make your own choice!
Trade active:
Perfectly bounced on the bottom trendline
