UnknownUnicorn3574358

XRPUSD Inverse Head and Shoulders, wicks point up

Long
You might think the bull is over before it even began but the weekly tells a different story.

Very clear inverse head and shoulders, the cup and handle on the daily making up the head and right shoulder.

Wicks point to an upward trend. Reversal happened already at 17c.

The incredible bearishness on XRP is unfounded, as one of the only coins with continually improving fundamentals since the last bullrun it is now significantly undervalued with respect to the rest of the market. All signs point to a very large upward spike in the near future.

Previous idea in this series was here:
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.