Ripple XRP Jan 19 Morning Update - Consolidates - Both PathssteemCreated with Sketch.

in ripple •  7 years ago 

Ripple Consolidates in Ascending Triangle, But shows more Bearish Signs

We see XRP consolidate into a slight ascending triangle, but an ascending triangle does not always guarantee a breakout out.

Key note is to watch out for this pattern that breaks which can signal potential plays up or down.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos:

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Quick Intro to Analyzing Level 2
Lesson 11 Introduction to Laddering

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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

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great!!

Great posts and nice charts. Upvoted and resteemed! Thanks

havent done a technical analysis on xrp in a while. Thanks for sharing

thank you!

Your analysis are you on point!

Great review as always!!!!!!!

Thank you for such awesome content