XRP consolidation period ending

Here's what I see happening at the end of this massive bullish pennant (in no particular order):

1) 75 & 100 day moving averages about to cross
2) touching support - held yet again
3) touching sekou span A - usually a good sign a trend reversal is about to happen
4) Stochastic indicator showing oversold condition with imminent crossover
5) touching edge of bollinger bands

I don't see any indication we'll breakout through support.

Thoughts?

Yorum:

overview of what's going on here

Yorum:

moving right along...