TradingView
Thermawar
May 25, 2020 2:07 AM

XRP|USD & OMG|USD Possible Fractal! Long

OmiseGo / DollarBitfinex

Description

Hello Cryptonians,

I hope you all are doing well. I would like to present to the community this idea I noticed recently. I have a split chart post, XRP on the left & OMG on the right. Most of us know that OMG|USD had a recent blast off upon its CoinBase Pro listing and the anticipation of its Mainnet launch. Please note that OMG had a nice Diamond pattern play out breaking to the upside upon reaching the delta. This lead to a massive run-up with nice consolidation. Keeping this in mind, then take a look at XRP|USD. XRP looks like it has a similar diamond pattern, with a possible breaking to the upside. Let's see how this plays out. I will be taken a Long here, looking for Targets at .28, .32, .45. Thanks for your time, let me know what you think below.

In service,
Vuven

Not Financial Advice, DYOR
More