crypticyly

XRP - Cup & handle 4h Chart

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BITFINEX:XRPUSD   瑞波幣
Hello everyone!

I am starting to love so much this space. I am learning so much from everyone of you. Thank you!

Now, on my 4h chart I have just discovered how the little darling XRP has just formed a C&H pattern. From what I am understanding about the C&H trend it is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume.

By the look of it, this is just what it happens to the XRP chart right now.

The price range during consolidation time it: $1.440 USD to max $1.5 USED.

As for the trending volume is as low as it can be during the C$H pattern: at 4.068M.


Cheers for now!
CrypticYLY

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