XRP/USDT Rectangle Chart Pattern
Updated
XRP/USDT Is forming a Rectangle chart pattern in 1 hr time frame.
A Rectangle is a continuation pattern that forms as a trading range during a pause in the trend. The pattern is easily identifiable by two comparable highs and two comparable lows.
Do the confirmation using MACD indicator and the EMA indicator
The expected breakout profit is 5 percent in few hours !!! If its a real breakout
Please comment your opinions and suggestions
A Rectangle is a continuation pattern that forms as a trading range during a pause in the trend. The pattern is easily identifiable by two comparable highs and two comparable lows.
Do the confirmation using MACD indicator and the EMA indicator
The expected breakout profit is 5 percent in few hours !!! If its a real breakout
Please comment your opinions and suggestions
Trade closed: target reached
Target hit at 3 rd March 2021. Went high till $ 0.468
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