Hi Traders,
Looking at 4 hour chart, the small head and shoulders pattern that Ripple has been forming has rolled over and turned to a bear flag.
Bear flag target is the support at 0.57 where Ripple may make double bottom and break the major down trend and end the bear market. If the price doesnt bounce, it will end up hitting 0.42.
This is not a financial advice.
Happy trading...
Looking at 4 hour chart, the small head and shoulders pattern that Ripple has been forming has rolled over and turned to a bear flag.
Bear flag target is the support at 0.57 where Ripple may make double bottom and break the major down trend and end the bear market. If the price doesnt bounce, it will end up hitting 0.42.
This is not a financial advice.
Happy trading...
Trade closed manually
Surprisingly the major down trend has been broken! The bear market is over.
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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.
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.