An even bigger Symmetrical triangle xrp could break up from

1 בספט׳ 2021

My idea earlier today was for a much smaller symmetrical triangle that was doubling as a bullish pennant. To reach the full bullish breakout target of that pattern would take us to around $1.80 If we were to go that high we would likely trigger the breakout of this larger symmetrical triangle as well. The point o where we break out of the triangle is still uncertain but if we breakout anywhere near where I placed my dotted yellow line as a rough estimate then we may see $3.00 not too long after we reach the $1.80 target. I expect once we do break up out of the larger symmetrical triangle that price action will likely come back to retest its top trendline as support. Not sure whether that’s ill be before we hit the $1.80 target from my last idea, or afterwards though.

1 בספט׳ 2021

הערה

The bearish scenario here is that if we somehow rejected and price decided it wanted to do one bearish Abeokuta below the golden cross then the silver lining is we would stay above 60 cents. This is possible but currently not nearly as probable as price action staying above the golden cross and breaking bullishly up from both the bull pennant shown in the previous idea and the larger symmetrical triangle shown here.

8 בספט׳ 2021

הערה

Price action back inside the big symmetrical triangle after the 10k red candle on btc. Price action is getting closer and closer to the spot i predicted we would really break up from the triangle at