Ripple update on 12H & how to trade
Updated
Dear traders and followers,
the Ripple price moves within a descending wedge. Two possible price movements after breaks are drawn in the chart.
On the one hour chart a inverse head and shoulder pattern has been formed. If this pattern should be confirmed an upward movement is likely
The market must be observed after the break below 0.18 $. The market could also start a new upward movement from 0.1675 $ .
That's why we recommend to wait for a clear break of the wedge pattern.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
the Ripple price moves within a descending wedge. Two possible price movements after breaks are drawn in the chart.
On the one hour chart a inverse head and shoulder pattern has been formed. If this pattern should be confirmed an upward movement is likely
The market must be observed after the break below 0.18 $. The market could also start a new upward movement from 0.1675 $ .
That's why we recommend to wait for a clear break of the wedge pattern.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Note
view on one hour chart Note
Market still doesnt closed under the drawn support area - idea still valid
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