RIPPLE - BULLISH STRUCTURE
Fundamentally, it will go if Bitcoin drives the growth.
WHAT IS TRICKY WITH THE STRUCTURES WE OBSERVE WITH SEVERAL KEY COINS, IS THAT PRICE MOVES UP ON HOURLY CHARTS WITH OVERLAPS.
THIS MAY BREAK INTO TO BULLISH OPTIONS:
1) A LEADIND DIAGONAL (FOLLOWED BY A CORRECTION, WILL DELIVER A NEXT BULLISH STRONG WAVE)
2) A SET OF FIRST WAVES OF DIFFERENT SCALE, THAT WILL LEAD TO EVEN A STRONGER BREAK OUT TO THE UPSIDE.
Anyway, mind your stops.
Good luck!
WHAT IS TRICKY WITH THE STRUCTURES WE OBSERVE WITH SEVERAL KEY COINS, IS THAT PRICE MOVES UP ON HOURLY CHARTS WITH OVERLAPS.
THIS MAY BREAK INTO TO BULLISH OPTIONS:
1) A LEADIND DIAGONAL (FOLLOWED BY A CORRECTION, WILL DELIVER A NEXT BULLISH STRONG WAVE)
2) A SET OF FIRST WAVES OF DIFFERENT SCALE, THAT WILL LEAD TO EVEN A STRONGER BREAK OUT TO THE UPSIDE.
Anyway, mind your stops.
Good luck!
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