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BatterT
Jan 12, 2018 2:47 PM
Symetrical Triangle
BITSTAMP:XRPEUR
60
XRP / Euro
Bitstamp
Description
⋅
Jan 12, 2018 2:47 PM
-Symetrical Triangle is forming
-Volume is decreasing
-MACD is crossing
-MFI is almost overbought
All signs of a downward breakout.
Trend Analysis
XRPEUR
Comments
BudBronson
⋅
Jan 13, 2018 12:03 AM
It is absolutely normal to see decreasing volume within a symmetrical triangle. Price is ranging and the triangle is contracting - so is the volume.
CryptoBaz
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Jan 12, 2018 10:59 PM
naa the overall trend is up
this is a bull flag and within 7 days it will be back above 2.1 euros
BatterT
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Jan 14, 2018 1:16 PM
@CryptoBaz
, I see :)
CryptoBaz
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Jan 14, 2018 2:06 PM
@BatterT
, LOL
BatterT
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Jan 16, 2018 9:39 AM
@CryptoBaz
, LOLL!!!!!!!!
vinzo2a
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Jan 12, 2018 3:01 PM
Volume are lower as many exchanges are down
BatterT
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Jan 12, 2018 3:23 PM
@vinzo2a
, doesn't change the fact that volume is low ;)
vinzo2a
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Jan 12, 2018 4:04 PM
@BatterT
, totally agree on lower volume.
But let s wait until all exchanges will be up and running again.
Smilex563
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Jan 12, 2018 2:54 PM
Where is going to be a new support lvl.?
Thank you!
BatterT
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Jan 12, 2018 3:01 PM
@Smilex563
, I see support @ 1.5 and 1.4
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