Look Upward: XRP/BTC Breaking Out toward 4-4.3k - C Leg Starting
With the Island Double Bottom passed, the larger Inverse Head and Shoulders Completed (Blue Line).
Breakout trend upward to test the once support, now resistance levels. Looking for a sharp spike back toward 4.3k.
If we break out beyond 4.5k, look to hit 7-7.5k range soon after asking 4.5k for sexy explosion time--Treat this as an ascending triangle to break out regardless.
Breakout trend upward to test the once support, now resistance levels. Looking for a sharp spike back toward 4.3k.
If we break out beyond 4.5k, look to hit 7-7.5k range soon after asking 4.5k for sexy explosion time--Treat this as an ascending triangle to break out regardless.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.