If my studies are to provide anything, this could shape a rather Bullish scenario for XRPUSD. That Top would need to be dealt with and likely retested for things to move in the other direction.
The parallel channels provide some areas where heavy selling will likely be found.
Good Luck, Traders. May you find yourself on the profitable side of it.
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Does XRP have to come back down before getting a kick up? Possible, or did that big retrace already happen from the move.
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Not liking these 3 Bars at the top of these 4H Candles
Trade ativo
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If anyone wants to chime in on Bearish Divergence, please do.