XRPUSD June 22 2019 Update

in #chart5 years ago (edited)

download (41).png

  • It's may be subjective, it could be a symmetrical triangle or Bullish flag also being see quite clear.
  • 3 touch already counted and it's near it's apex of the symmetrical triangle. if it's manage to fulfill the pattern. it would take this coin toward $ 0.6 for the next golden fibonacci ratio.
  • broke the trend line, i expect bounce in between fibonacci golden ratio

download (42).png

Indicator :

Macd : Macd line show a upward movement on bullish area and also the buyer histogram is appearing.
DMI : -DI below +DI as the the bullish trend is dominate for now. ADX is still below 25 value/weak momentum strength for now.

Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.

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