XRP/USD Spot the Difference?

18 ก.ย. 2019

solid reds: connected using line-chart (inner, averaged)
solid blacks: connected using monkey-bars (outer)
dashed blues: support/resistance within the formation
2017-2018 formation: perfect
2018-2019 formation: crooked
next: will make a run for the 0.33-0.34 resistances, then retrace to 0.30

(it's critical that you retrace those points with your own tools, always starting with the line-chart)

18 ก.ย. 2019

บันทึก

note that the upper resistance line (dashed blue) on the second formation was made for visual aid and does not reflect a 'touch' by the current run (yet).

24 ก.ย. 2019

บันทึก

After pressing "play" you can see that it did indeed run for the projected resistance, and reversed. This stock is now confirmed bearish.