XRP Recovery
After more than a 25% correction from it's top, which was a nice rallye from it's sub 20 cents low, XRP should recover a bit from here.
As shown, the gann supports match witch fib retracements and should lead into a bullish reversal.
Favoring this setup - Entries laddered between $0.232 and $0.224
Stop loss is placed under $0.22 and the upside target is the top of the second last candle, which matches the major resistance from the current downtrend.
R:R = 4 - Risk = 2%
As shown, the gann supports match witch fib retracements and should lead into a bullish reversal.
Favoring this setup - Entries laddered between $0.232 and $0.224
Stop loss is placed under $0.22 and the upside target is the top of the second last candle, which matches the major resistance from the current downtrend.
R:R = 4 - Risk = 2%
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.