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XRPUSD: huge breakout, bullish movement (3rd wave EWT) expected

XRPUSD: huge breakout, bullish movement (3rd wave EWT) expected

XRPUSD: huge breakout, bullish movement (3rd wave EWT) expected

XRPUSD: huge breakout, bullish movement (3rd wave EWT) expected

XRP / TetherUS PERPETUAL FUTURES BINANCE:XRPUSDTPERP
MO-Capital


XRPUSD: huge breakout, bullish movement (3rd wave EWT) expected

IDEA:
We see descending triangle pattern and also we know that the market is in the 2nd grand wave according to Elliot Wave Theory.

It means, that most probably after descending triangle pattern breakout we can expect a support test and then big bullish movement (3rd grand wave according to Elliot Wave Theory) marked with the yellow arrow on the chart.

This breakout will happen when we will see low RSI testing 30% level several times, in the best scenario there will be bullish divergence on the RSI .

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