Description:
XRP is forming a Bearish Crab harmonic pattern, with price currently consolidating inside a triangle structure. A breakout above the $3.0 level would confirm the move toward the completion of point D.
Key Points:
Harmonic structure: Bearish Crab (XABCD).
Breakout confirmation: > $3.0
Final target zone: $4.5 – $4.6 (potential completion of pattern).
Invalidation: Breakdown below point C (~$2.85).
If price reaches the D zone, it would align with a strong resistance cluster — a possible reversal zone. Until then, breakout confirmation is essential.
📌 This is an educational idea, not financial advice.
XRP is forming a Bearish Crab harmonic pattern, with price currently consolidating inside a triangle structure. A breakout above the $3.0 level would confirm the move toward the completion of point D.
Key Points:
Harmonic structure: Bearish Crab (XABCD).
Breakout confirmation: > $3.0
Final target zone: $4.5 – $4.6 (potential completion of pattern).
Invalidation: Breakdown below point C (~$2.85).
If price reaches the D zone, it would align with a strong resistance cluster — a possible reversal zone. Until then, breakout confirmation is essential.
📌 This is an educational idea, not financial advice.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.