Ripple - Retest or break out of the falling wedge

19 Şub 2018

We have two possible ways to go here:

Falling Wedge
Bullish breakout of the falling wedge and retest of upper resistance.

Retest of triangle Support
Dropping out of the wedge and retest the support of the triangle.

Daily:
- MACD seems to cross bearish again
- RSI still not oversold
- Volume decreasing
- Dropped below EMA 100
+ EMA 50 tested

4h:
- volume decreasing
- MACD flat
- dropped below EMA 50 and EMA 100
+ RSI oversold


Depending on the BTC market, i think a retest is more likely to happen but we should look closely now as we are coming to the critical point.

19 Şub 2018

Not

Tested the double window mode but i think its too much.