XRPUSDT - neutral pattern
hi traders,
Since the beginning of December, XRPUSDT has been consolidating and forming the symmetrical triangle pattern.
This corrective structure may bring us more upside in the next days but as it's a neutral pattern, there's a probability that it will break down too.
How to position yourself?
1. If the price breaks to the upside, enter the long position. Target for longs: 3,40 - 3,50$.
2. If the price breaks down, bears will target the zone between 1 and 1,20 $.
In either scenario, look for the volume increase to avoid trading the false breakout.
Good luck!
Since the beginning of December, XRPUSDT has been consolidating and forming the symmetrical triangle pattern.
This corrective structure may bring us more upside in the next days but as it's a neutral pattern, there's a probability that it will break down too.
How to position yourself?
1. If the price breaks to the upside, enter the long position. Target for longs: 3,40 - 3,50$.
2. If the price breaks down, bears will target the zone between 1 and 1,20 $.
In either scenario, look for the volume increase to avoid trading the false breakout.
Good luck!
Transaction en cours
3,50 is next
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.