UnknownUnicorn2346908

The Infamous ‘Parabolic Channel’

做空
The once famous parabolic channel was broken a long time ago and the deleted by bag holders because it went against the bullish bias. We then perfectly retested it confirming it as resistance and subsequently dropped from 34/5 cents back to the 20s..

Here I noticed a final potentially bullish IHS setup where the shoulders were at 21 cents.. this seems to have failed.. support regions are shown but I think the bullishness will fade away at these areas and people will turn against Ripple due to their failed promises..
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