$XRP Cup & Handle // bullish bias.
מעודכן
We've seen 
XRP recover just under 50% of its loses from the big correction on the 14th. Managed to take longs at the breakout, considering we tested the 0.618 fib multiple times and just couldn't break, it added just enough confluence to an upside move.
Passed $1.50 i cant see much for us to break through bar some price fluctuation at $1.70 - $1.80.
XRPBTC is regaining steam, bitcoin dominance chart is still seeing red.
Want to see $2.00 soon and think it's likely.
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I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.
I post daily updates on how I believe the market will move. If you like my content please like, comment & follow. I love to hear what you guys think, whether your outlook is the same or different to mine its always great to converse in the comments. Let’s surround ourselves with likeminded traders & investors!
Have a great day, be patient & profitable!
XRP recover just under 50% of its loses from the big correction on the 14th. Managed to take longs at the breakout, considering we tested the 0.618 fib multiple times and just couldn't break, it added just enough confluence to an upside move. Passed $1.50 i cant see much for us to break through bar some price fluctuation at $1.70 - $1.80.
XRPBTC is regaining steam, bitcoin dominance chart is still seeing red.
Want to see $2.00 soon and think it's likely.
-----
I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.
I post daily updates on how I believe the market will move. If you like my content please like, comment & follow. I love to hear what you guys think, whether your outlook is the same or different to mine its always great to converse in the comments. Let’s surround ourselves with likeminded traders & investors!
Have a great day, be patient & profitable!
הערה
Smashed this idea guys, hope everyone got in on the long and took profits at the grey box shown. Two possible scenarios now.- we use the box as resistance, come back down to test support at the top of the cup and handle. so drop back to $1.45
- another is we break the box and use it as support for a move up to 1.72!
I'll be updating with a new chart soon!
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