XRP/BTC ascending triangle
XRP already reversed trend against BTC in September. And after a big move up had a nice correction followed by a trendline which has not been broken ever since, which is a very bullish indicator. And after testing the trendline today we had a strong bounce away from it, which makes the theory even stronger. With the current market state it's hard to predict a target but IF we manage to break out of the ascending triangle to the upside I think a very reasonable 1st price target would lay around 11800/11900 satoshis.
This is not a recommendation to buy or sell.
This is not a recommendation to buy or sell.
Note
Trading idea invalid, we broke out to the down side.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.