dowdall

$XRP - A lot of blood recently, but in the form a bull flag?

BITFINEX:XRPBTC   XRP / Bitcoin
XRP failed to hold previous supports (CHECK RELATED IDEAS), which has resulted in a lot of red candles. It is still in a correction phase, but for how longer? Dipped into oversold on the RSI is a good indicator that an upwards move is about to happen and a bull flag coming to the end of it's stop about to make a move up (possible targets of 0.0000960 - 1000), which would be the length of its flag pole (purple trend line) or another fall back down (to 0.0000780). Possible target of it breaking up would be a spike through 0.0000820.

This is not trading advice. This is something I use as form of education and for fun. Constructive criticism is always welcome

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.