RippleLong
XRP analysis
Looking bearish, however big wicks to the upside.
On the Daily its still within fib retracement levels - daily trend not confirmed
Looking for a breakout as if we can get confirmation then itll likely be a decent trade
- need: Change in Market structure,
Break in down trend,
Break above resistance at 1.18, possibly hold or re-test depending on how it looks. Good volume good close = on the close, looking shabby = need something nice on the re-test
Disclaimer - I dont trade to predict which way the market will move, I trade to identify profitable setups.
On the Daily its still within fib retracement levels - daily trend not confirmed
Looking for a breakout as if we can get confirmation then itll likely be a decent trade
- need: Change in Market structure,
Break in down trend,
Break above resistance at 1.18, possibly hold or re-test depending on how it looks. Good volume good close = on the close, looking shabby = need something nice on the re-test
Disclaimer - I dont trade to predict which way the market will move, I trade to identify profitable setups.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.