Ripple vs Bitcoin (XRPBTC) "W Pattern" Targets

17 Nov 2020

We have our now-classic "W Pattern", bullish, on the XRPBTC chart... We also hit this one nicely on the previous analysis...

I am here to tell you that there will be more.

The "W Pattern" almost always plays out but it can also go like the "Cup & Handle".

Meaning, it can go straight up but there can also be a retrace before the price jump.

Currently, we have our targets set at EMA50 (0.00001895) followed by MA200 (0.00002161).
These can be hit in just a few days.

This is not financial advice of course and you still need to build a plan/strategy before you trade.

Trading tips

Use this chart as an 'add' to your own tools, your own research, to give it strength.

• If you are already bullish for example, my chart can help you support that view.
  
• If you are bearish, you can use this to compare and maybe rethink the signals that you read.
  
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    Whatever happens in the end...
    
    Remember that practice makes perfect...
    
    And you deserve the best.
    
    Namaste.