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XRP In Very Bullish BAT Pattern And Ripple

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Tags : cryptocryptocurrencyRipple XRP NewsxcurrentxpoolXPRxrapidXRP Newsxrpbtcxrpeurxrpusdxvia

6 Comments

  1. This bat pattern does not necessarily mean bullish. It represents the bearish retracement is nearly completed . Now it is neutral and it depends on how it breaks out below that horizontal green line then it is new bearish trend could begin or if it breaks out above right wing then could be bullish . At this moment it is neutral . Price breakout $ .355 or 9200 Satoshi will be considered bullish and new bullish trend could begin. When he say he would give 50 on 1 to 10 scale then you know he is not a technical analyst or a trader. That is his subjective opinion . True technical analyst would be objective in his analysis . Technical analysis always have two outcome long and short only probability is different . Technical analysis is never a certainty.

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