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Xrparmy

XRPAs you know, I have been doing analytics and watching market tenders in TradingView for a long time. These days I've seen the first good growth signal in the XRPBTC pair that continues for now, but we also remain near the bottom. Today I want to show a long-term chart of XRPUSD. As you can see, I made the same resistance lines as in the first correction in 2015, and after breaking through the main resistance line we adjusted and then went to update the global highs on the left side of the chart. A little to the right in the chart, we see a similar situation when after a breakout through the resistance line, XRP moved above it in correction and testing mode. Now we are starting to grow. Let’s have a look at how the coin will behave itself. If something happened in the past, it is not necessary to happen in the future. I am neither a moon boy and not in the Ripple army. I made this chart for those people who like this project. Dear followers, the best "Thank you" will be your likes and comments! Best regards, EXCAVO
POLONIEX:XRPUSDLong
by EXCAVO
28
Descending triangle broke down on XRPFancy #technicalanalysis techniques such as #Elliottwave are certainly very nice and helpful in some circumstances. However, one should never neglect the power of something as basic as #trendlines. Here on XRP, trendlines were giving us 3 big warnings: 1) Rising wedge = bearish pattern 2) Horizontal resistance at $0.202, giving confluence with the wedge to find the top. 3) Descending triangle, another bearish pattern, which typically breaks to the downside. Now, this descending triangle broke to the downside as expected. I will keep a bearish 🐻 bias until proven wrong, which means: as long as we remain below 0.182. I will reassess if we get a 4 hours closes above this level <=> If previous support fails to be turned into resistance.
Short
by CrptTeddyBear
2