Hey There,
Finally back with an improved version of my Sequential Indicator!
Hope it will help you to have more confidence in your trading decision by using it.
For more details you can check my profile.
As expected XRP has consolidated for a long time.
Consequently, it has underperformed BTC for the last weeks.
This could change in the next few days as we are nearing the APEX of a 2 months consolidation triangle pattern. (ABCDE).
The D leg ended with a false breakout and was stopped by a Combo 13 (Sell signal)
Probabilities are still in favor of a bullish breakout with a target price @ 0.56 USD.
If we break to the south, the next support zone is @ 0.35USD
Stay patient and caution! $XRP has demonstrated high volatility in the past.
MATHR3E
Finally back with an improved version of my Sequential Indicator!
Hope it will help you to have more confidence in your trading decision by using it.
For more details you can check my profile.
As expected XRP has consolidated for a long time.
Consequently, it has underperformed BTC for the last weeks.
This could change in the next few days as we are nearing the APEX of a 2 months consolidation triangle pattern. (ABCDE).
The D leg ended with a false breakout and was stopped by a Combo 13 (Sell signal)
Probabilities are still in favor of a bullish breakout with a target price @ 0.56 USD.
If we break to the south, the next support zone is @ 0.35USD
Stay patient and caution! $XRP has demonstrated high volatility in the past.
MATHR3E
