Weekly xrpusd log chart has a massive cup and handle!

2021年10月9日

If we can do measured moves for cup and handles on log charts the same way we do them on linear charts then this cup and handle has a breakout target of $42 which is absolutely massive. I need some confirmation that the moves can be measured the same way before I get too overly excited about this c&h i just found on the log chart. However I did back test the previous 3 bull flags on this log chart that immediately preceded this cup and handle and I was able to measure them the exact same way as I would on a linear chart so that gives me hope this $42 target is actually possible. I’m sure we will find out soon enough(within the next 3 months to a year)