botje11

XRP Ripple, making an H&S to form a big inverse H&S, Part 3

Where i did not like the right shoulder from the previous analysis, we eventually made a bigger one where it stayed perfectly inside of a bigger bull flag. Yesterday's breakout was quite perfect, a big rally with high volume, exactly as a breakout should be. So chances at the moment very good for it to reach it's target around that blue circle coming week or 2. Ideally we stay above the green zone, but looking at the current movement, it might break. The blue zone is bullish as well, rather not see that break. Below the red zon would invalidate the H&S (with a little breathing room that is.



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Previous analysis:


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.