XRPMis à jour XRPUSD to bounce off Fibonacci retracement level
XRPUSD is currently in a downtrend channel, but is approaching Fibonacci levels 0.786 at 56 cents and 1 at 46 cents.
The plan here is to wait for a bounce off one of the levels as well as a MACD or SMA crossover to go long, and take profit near the corresponding upper level.
Set a tight stop at 3% under your entry fib level.
Let's see what happens!
The plan here is to wait for a bounce off one of the levels as well as a MACD or SMA crossover to go long, and take profit near the corresponding upper level.
Set a tight stop at 3% under your entry fib level.
Let's see what happens!
Note
XRPUSD weakly bounced off 0.56 to almost touch the SMA7 at 0.58. I expect more downward movement to 0.46 where consolidation will happen.Note
Stoch is oversold on the daily. RSI is approaching oversold on the daily. Possible breakout could be soon
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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.