XRP Looks like it wants to double again

8 Des 2020

Chart Says it all.

Flag pattern / Symmetrical Triangle Target is the size of the base.

8 Des 2020

Catatan

Alright, after multiple fakeouts we have an official break of the triangle. Wait for the pullback the confirm and then we can short... Target would be in the .33 -.35 range but I doubt it will get that low... I'll be shorting into the 40's

9 Des 2020

Catatan

Alright, short time target of .509 was hit. A strong bounce and as these things often do, this pattern has developed over time and we can now see the true shape of the Sym Tri.

Our bullish target is still the same ... ~$1.20

Just remember patience = profit

9 Des 2020

Catatan

15M for reference

11 Des 2020

Catatan

11 Des 2020

Catatan

The saga of the squeeze continues

11 Des 2020

Catatan

We have a breakout... will we get confirmation or will this be a fake out

11 Des 2020

Catatan

... A Fakeout... this is likely due to institutional profit taking on a Friday afternoon... alas the saga continues

12 Des 2020

Catatan

From fake out to break down in under an hour, absolutely catastrophic for XRP I didn't even have time or confirmation to get a trade off... So fast!