As per the last video update (attached below), we will be waiting for XRP to approach our lower green support to look for buy setups, or for XRP to approach our upper blue resistance to look for sell setups.
For now, XRP is sitting midway, consolidating in the shape of a symmetrical triangle, so we are waiting, just like a Sniper.
If XRP breaks the upper trendline (after forming the third swing around it, to consider it valid), then a movement till our upper blue resistance would be expected.
and vice versa, if XRP breaks the lower trendline (after forming the third swing around it, to consider it valid), then a movement till our lower green support would be expected.
Which way do you think will it break?
Regards,
~Rich
For now, XRP is sitting midway, consolidating in the shape of a symmetrical triangle, so we are waiting, just like a Sniper.
If XRP breaks the upper trendline (after forming the third swing around it, to consider it valid), then a movement till our upper blue resistance would be expected.
and vice versa, if XRP breaks the lower trendline (after forming the third swing around it, to consider it valid), then a movement till our lower green support would be expected.
Which way do you think will it break?
Regards,
~Rich
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT