TradingView
artgen567
May 18, 2018 1:19 PM

XRP - Falling wedge reversal 

XRP / DollarBitfinex

Description

Ripple shows falling wedge reversal pattern.
Also this can be the last wave of BTC correction.

After we should go to 0.793 zone resistance and need breakout this to go upper.
Volume of trade goes down and this is tell to us about Volume consolidation before the bounce.

Good news that this fall will create Double bottom pattern and this is should be bullish sign for market.

Comment

About double bottom

Comment

XRP reversal level by VPVR and support lines

Comment

XRPBTC reversal level bt VPVR and support lines
Also you can see falling wedge on Stoch RSI.

Comments
Caveit
Very interesting technical vieww in the short-term, congrats!
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