Short Update : XRP/BTC in the verge break it or fake it
So far in this chart i'm looking at a defining moment.. price move inside symmetrical triangle nearing to the apex of triangle and constantly hit 200 EMA as a stubborn resistance since early 2019. this is the moment to make it or fake it for xrp/btc as the result of this pattern.
keep in mind.. this chart would be invalidated if the price action move beyond 8 june 2019 of sideway or no breakout from symmetrical triangle area in with massive volume and price movement...
Indicator :
from macd it's been detected a slight bullish divergence and the sell volume is lower than previous low which is bullish. the signal line and macd is crossing just to early to confirm it's a bullish signal.
from dmi, DMI+ is spiking which is good for bull trend to start although the DMX is still below 25.. weak momentum/strenght on bullish side.
resistance is quite have a huge range in between each resistance. you can take a look on this chart for potential support and resistance.
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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To support your work, I also upvoted your post!