Intriguing continuation triangle pattern on xrp weekly log chart

If we could do measured moves on the log chart the same way we do on a linear chart then this pattern would be calling for a breakout target of around $700. That’s sounds way too extreme to me so I doubt you can apply the same measured move techniques from a linear chart to a log one. Would be happy to be proven wrong though. One thing I know is it’s gonna inevitably continue going up in the not so distant future, but probably not anywhere as high as $700.

Yorum:

Looks like a still very much in play c&h inside the triangle as well.