Ripple USD - Trading formations & points of Interest

٢٣ يناير ٢٠١٨

Following on from previous, fairly obvious what we are seeing here.
Waiting for a decent breakout of this descending broadening wedge, will be looking for good volumes - possibly some form of "news" from our friends at the investment firms who initially kicked this chart into life back in December 2017.

Whatever the catalyst may be, we should be ready for it.

٢٣ يناير ٢٠١٨

تم فتح الصفقة

Apologies for all of the indicators at the bottom, makes it difficult to see the chart price action.

Had no idea T'View likes to activate them all upon publishing, despite having them hidden.

A clearer version below:

٢٣ يناير ٢٠١٨

تم فتح الصفقة

And where we are as of today. 23/01/2018

٢٦ يناير ٢٠١٨

تم فتح الصفقة

Inverse Cup and handle, volume profile also matches up. Expecting a test of resistance zone and then a breakdown to the next support.

٢٦ يناير ٢٠١٨

ملاحظة

Denied breakout of Descending broadening wedge formation.

٢٧ يناير ٢٠١٨

تم فتح الصفقة

Resistance zone held, volume activity decreasing, looks to be going back to test the support zone once more.

Still within the overall descending formation.