Falling Wedge, waiting for good entry
XRP is in a Falling Wedge (bullish) inside of a larger, somewhat bearish Triangle. I'm anticipating a bullish break of the Wedge *but* I think we may first see a sharp move down to the Wedge support line. That move would likely exhaust the sellers and create bullish divergence in the chart and I would start looking for an entry.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following. Thanks!
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