XRP Decision Time, mostly Bearish with room for a Double Top

ที่อัปเดต:
several targets here, 3 bearish to 1 bullish.
bollinger bands are squeezing indicating a change soon
this is not a massive green pennant marked in green. that dirty wick made sure of that
although, we did get a bullish blue triangle inside the the red bearish pennant, which could mean there's room for another push up.
but then what, a touch on 0.7 will create a bear flag, putting the target back 0.27... ouch!
that would suck because then we would almost have a tripple bottom, which doesnt seem to happen all that often in crypto.

so if XRP does get back below .30, i would once again find it hard to long... but i probably will with tight stop losses

loved the XRP pump, but this is not looking sustainable.
บันทึกช่วยจำ
Thanks for reading everyone. As always, I would love any feedback our constructive criticism.
บันทึกช่วยจำ
onestepcreative made a good point in that .46 zone has reasonable amount of support. I would say that support zone extends from .42 upto .51.
บันทึกช่วยจำ
expanding wedge on the 1 m, possible reversal
บันทึกช่วยจำ
could be a flag, price can't break .51
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
สแนปชอต

hidden bearish divergence. bearish pennant
บันทึกช่วยจำ
carefull here! this has many reasons to go either way.
สแนปชอต
Chart PatternsTechnical IndicatorsTrend Analysis

คำจำกัดสิทธิ์ความรับผิดชอบ