rafal_w

Bullish triangle breakout timing

Long
XRPUSD is moving in 60-day cycle, so we can drill-down in our analysis and investigate 30-day cycles to estimate expected timing of breakout. We are currently in 21'st day of dominant 60-day, so we have about 8 days to finish 30-day cycle. I'm expecting that between 21-25 of May we should see another round of money flowing into the market, which will push XRP to the upside above triangle.

Know what You hold & be patient !

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.