FibonaccIvo

XRPBTC: Cup and handle pattern

Short
BITTREX:XRPBTC   XRP / Bitcoin

Based on other ideas here on TV, I've tried to determine targets to buy XRP back.
Seems a cup and handle pattern is forming.

I think confirmation of this (price going down and forming a c&h pattern) can be found when price drops below 6000sats. Price is now gently sliding down alongside the previous resistance line, now seems to act as support.
First buy zone is between .236 and .382 Fib.
Second buy zone is between .5 and .618 Fib (don't know yet if I have the balls to buy (only) here ;) )

As always: no financial advice. Just my idea I'm sharing here. I'm not a pro. If any, I'm a newby at this :)

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.