Friday, May 26, 2017

Ripple




This overall big picture is a bullish flag.  A flag is a powerful up move followed by a slow, weak selloff.  In theory, it marks just the halfway point, so that says higher.


At the very end is another one, a flag inside a flag.  So the conclusion of this flag should take us out of the current trend channel, the bigger flag.  Then the bigger flag might get us to a doubling of the price.