Falling Wedge (4-H)
Hi there,
Just posting an update to my recent
XRPUSDT analysis, the price has seemed to form a falling wedge on the 4-hour timeframe. I believe that we will see a bounce at around $2.00 level with the target being $2.34 - RSI seems to be just touching oversold region.
As for the bullish pennant that is still currently being formed on all timeframes including longer ones, I am expecting the target to be $4.96 possibly touching $5.00
XRP is still looking healthy and is still respecting the ascending support and descending resistance of the symmetrical triangle.
Thank you for taking the time to view my analysis, feedback would be greatly appreciated.
Just posting an update to my recent
XRPUSDT analysis, the price has seemed to form a falling wedge on the 4-hour timeframe. I believe that we will see a bounce at around $2.00 level with the target being $2.34 - RSI seems to be just touching oversold region.As for the bullish pennant that is still currently being formed on all timeframes including longer ones, I am expecting the target to be $4.96 possibly touching $5.00
XRP is still looking healthy and is still respecting the ascending support and descending resistance of the symmetrical triangle.
Thank you for taking the time to view my analysis, feedback would be greatly appreciated.
交易結束：目標達成
Falling Wedge target was $2.34, wicked almost perfectly to that on 4-H timeframe. Broke out, now what's next, what is the next move? 
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。