in this scenario we have some conditions:
1- at first channel should not breakdown, and If it breaks, it may take a longer time to reach to our target or change the trend to downtrend.
2- If ripple succeeds the last court, we can expect that the price can reach it's Historical Price in earliest future and even go further!
Also In this scenario we have to pay special attention to the resistance lines that colored in orange. because they can change the uptrend to downtrend.
1- at first channel should not breakdown, and If it breaks, it may take a longer time to reach to our target or change the trend to downtrend.
2- If ripple succeeds the last court, we can expect that the price can reach it's Historical Price in earliest future and even go further!
Also In this scenario we have to pay special attention to the resistance lines that colored in orange. because they can change the uptrend to downtrend.
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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.