Descending triangle on XRPM20. This is a bearish pattern so could see a break downwards to 2000 support level. However XRP has had quite a drop already, maybe it will break upwards out of this triangle and show signs of reversal.
Here we have what it looks like an iH&S for Ripple (XRPM20), or, we could say a quick fake breakdown... The low might already be in. The signals are not that strong right now as there is no volume confirmation but XRPBTC might be getting ready to jump. After a new low was hit, prices quickly moved and closed back above EMA10. Many other altcoins are growing...
We've had a break in trend and price has pushed up above 2701 which previously held as a strong resistance level. I'm anticipating a move up to the next major resistance level.
Self explanatory trade thats clean and simple. - Break in overall down trend - Bullish trend forming - Break in resistance - Look to buy the retest and take profit at 2%
We are active with a trade for Ripple (XRPM20) with leverage. We are sharing the full trade numbers below. This is not financial advice. This information is shared for learning purposes only. Leveraged trading is for experienced/advanced traders only. If you are a beginner, start by trading altcoins that have a lower risk. ----------------- @BBLREGBOT |...