Ripple USD - Trading formations & points of Interest
Following on from previous, fairly obvious what we are seeing here.
Waiting for a decent breakout of this descending broadening wedge, will be looking for good volumes - possibly some form of "news" from our friends at the investment firms who initially kicked this chart into life back in December 2017.
Whatever the catalyst may be, we should be ready for it.
Waiting for a decent breakout of this descending broadening wedge, will be looking for good volumes - possibly some form of "news" from our friends at the investment firms who initially kicked this chart into life back in December 2017.
Whatever the catalyst may be, we should be ready for it.
Trade active:
Apologies for all of the indicators at the bottom, makes it difficult to see the chart price action.
Had no idea T'View likes to activate them all upon publishing, despite having them hidden.
A clearer version below:
Had no idea T'View likes to activate them all upon publishing, despite having them hidden.
A clearer version below:
Trade active:
And where we are as of today. 23/01/2018
Trade active:
Inverse Cup and handle, volume profile also matches up. Expecting a test of resistance zone and then a breakdown to the next support.
Inverse Cup and handle, volume profile also matches up. Expecting a test of resistance zone and then a breakdown to the next support.
Trade active:
Resistance zone held, volume activity decreasing, looks to be going back to test the support zone once more.
Still within the overall descending formation.
Still within the overall descending formation.
Denied breakout of Descending broadening wedge formation.