Since Gaining a lot of ground last week, XRP has been seeing a period of consolidation. This period of consolidation appears to be a perfect bull flag pattern.
I'm looking at the top dotted line for a potential break out. Wait for a higher-timeframe close above this line to confirm the bullish bias. Targets placed at recent highs.
Be aware that we're currently in a very volatile market environment, so a bearish rejection is still in the cards. Expect a move towards the lower bound in that case.
Happy trading!
I'm looking at the top dotted line for a potential break out. Wait for a higher-timeframe close above this line to confirm the bullish bias. Targets placed at recent highs.
Be aware that we're currently in a very volatile market environment, so a bearish rejection is still in the cards. Expect a move towards the lower bound in that case.
Happy trading!
๐ฏOfficial Channel: t.me/FieryTradingChannel
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: www.fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: www.fierytrading.com