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RandomOracle
11 de Jun. de 2021 2:10

XRP Broke A Bearish Wedge, Looks To Go Lower 

BINANCE:XRPUSDT360
XRP / TetherUSBinance

Descripción

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BINANCE:XRPUSDT KUCOIN:XRPUSDT POLONIEX:XRPUSDT HUOBI:XRPUSDT OKEX:XRPUSDT BITTREX:XRPUSDT BINGBON:XRPUSDT KRAKEN:XRPUSDT FTX:XRPUSDT BITBAY:XRPUSDT PHEMEX:XRPUSDT TIMEX:XRPUSDT



Fairly basic look at XRP on line-chart 6hr using the (O+H+L+C)/4 setting to display PA

I'd be expecting a test of the lower breakout region in the upper .5's before XRP makes a bullish recovery to continue it's macro uptrend.

In the event XRP spontaneously recovers, I've included some resistance levels for tp points

I had my eyes on this chart for quite some time & have finally decided that it's likely to play out in the bears favor:

Comentarios

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Gold vs XRP is extremely bearish atm & looking like XRP is set to make a major move up against gold:











Silver vs XRP very bearish for silver, looking like XRP is ready to make some major gains against it!!





Comentarios

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tradingview.com/x/ADvWIXex.png
look familiar?

Comentarios

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Here was an earlier chart demonstrating a similar Idea
Trend AnalysisChart PatternsWedge
Comentarios
FudBox
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Agreed, already set buys for $0.67-ish grid. Alts still in right side of massive H&S top. Good call.
RandomOracle
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@FudBox, Appreciate the feedback, situation isn't looking great atm
AvenueWork
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Great call. With no comments. Those are usually the best.
RandomOracle
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@AvenueWork, yep ahah, thanks!
FudBox
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Well ya, it's going down with the rest of the alts brother
MistaTino
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Legendary stuff man
RandomOracle
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@MistaTino, Looks like it turned out to be ahahah
RandomOracle
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@MistaTino, Thanks aha
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