XRP/USDT 1 hour chart Ascending Triangle
Looks to be throwing a that was entered from the above the triangle which signals a drop after a slight pump in to a descending scallop then down to bounce off the triangle up then fall past the apex of the triangle. The pump from the triangle will not exceed the support levels at the bottom of the HCR(Horizontal Consolidation Region) that the PA fell from to create the current pattern.
Starting at the current spot we should see a Impulse Grand Super Cycle wave followed By a Impulse Minute 5 wave, Corrective Minute 5 wave, Corrective Minute wave With an overall higher time frame pattern starting the downtrend with a Minor Corrective Minute wave.
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