XRP - 4H - Head & Shoulders
Couple of confluences on this chart, looking for it to continue bearish.
1. 2nd Shoulder forming at daily candle bodies.
2. Trend line break and currently re testing
3. 61.8% & 78.6% Fibonacci Retracement
Expecting this to continue to my 2nd long term target from May of $0.20.
Needs to get back under $0.58 and have a strong timeframe close like a Weekly / Daily.
1. 2nd Shoulder forming at daily candle bodies.
2. Trend line break and currently re testing
3. 61.8% & 78.6% Fibonacci Retracement
Expecting this to continue to my 2nd long term target from May of $0.20.
Needs to get back under $0.58 and have a strong timeframe close like a Weekly / Daily.
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