Xrp/USd posible bottom but not yet

2 Apr 2020

#xrp already touch the upper BB on daily ! Volatility starting to squeeze on the upside BB and I expect to test the Lower BB around 0.12$ 0.14$ before any segnificant move ! If is working on the bottom the pattern is not complete yet and Any upside move will try to do below 50 Ema on the upside will be a bull trap ! More likely to retest Lower BB as now seem to be an ascending channel and wait for bullish div on 4h to confirm the bottom at the lower BB ! Most of you see the pattern as it is now as a ascending triangle but is not ! Leave your comment if you have different idea on how this can play out or hit like button if this give you a clue