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Decending Wedge formation
XRPUSD
, 120
Short
XRPUSD: Decending Wedge formation
Updated 

There is a inverse correlation between XRP and BTC. While bitcoin has potential to fall, XRP would climb up. Ripple has potential to braeakout upwards from this decending wedge.

Possible moves for BTCUSD pair - A Wishful Thinking
BTCUSD
, 120
Long
BTCUSD: Possible moves for BTCUSD pair - A Wishful Thinking
Updated 

Breakdown for red colored downtrend line rejected several times, after the 5th wave with all time high. It's obvious we're in corrective phase. I think A-B waves are over and currently we are facing with lower C. Head and Shoulders pattern fits with the Ellioth waves. Also there is no any strong resistance after de 3400's to the 3k strong resistance. I think and...

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