XRPUpdated Right Shoulder Forming...
Risky play with SWELL right around the corner and all the news about Ripple and XRP recently, BUT it does look like a nice H&S setup that I mentioned earlier this week is taking shape, with plenty of room on the RSI to make it happen. BTC outlook (probable drop to ~6.5k) makes the H&S pattern here stand out to me.
1st TGT (hold until top of right shoulder): $0.2850
2nd TGT (buy at top of previously broken trendline): $0.2350
Expect the drop around Halloween, if it happens.
This is just me talking out loud, not financial advice!
1st TGT (hold until top of right shoulder): $0.2850
2nd TGT (buy at top of previously broken trendline): $0.2350
Expect the drop around Halloween, if it happens.
This is just me talking out loud, not financial advice!
Note
Watch for possible shoot to $0.30 before crash here ...Initial target of $0.2850 reached
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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.