If we look, the 0.618% of Fibonacci it's work as resistance. But now as support. At the moment, we don't have any long or short entry becuase XRP it's consolidating, but yes, there's a some bullish signal that XRP could to continue up in this correction. For that, I see that in H4 timeframe if XRP form a bullish candlestick, we can to entry, another thing it's that XRP forming a possible bullish rising wedge.
s3.tradingview.com/s...shots/n/NJ3A5bwF.png
In H8 timeframe, we have 2 things to say that XRP form a libebelula doji and more later form a bullish candlestick. That are bullish signal or now, but in H4 we have the possibility to entry in this timeframe to long position in XRP.
Guys, for that, if XRP doesn't break down the support of $1.50 USD that form the 0.618% of Fibonacci, we can't to find down short positon in my other analysis that I show you. For that, we hope an entry, my perspective it's that this analysis in H4 timeframe, I believe that if XRP show us i nthe next 2-6 hours the bullsih candlestick, we can to entry to long position in bybit.
s3.tradingview.com/s...shots/n/NJ3A5bwF.png
In H8 timeframe, we have 2 things to say that XRP form a libebelula doji and more later form a bullish candlestick. That are bullish signal or now, but in H4 we have the possibility to entry in this timeframe to long position in XRP.
Guys, for that, if XRP doesn't break down the support of $1.50 USD that form the 0.618% of Fibonacci, we can't to find down short positon in my other analysis that I show you. For that, we hope an entry, my perspective it's that this analysis in H4 timeframe, I believe that if XRP show us i nthe next 2-6 hours the bullsih candlestick, we can to entry to long position in bybit.
