XRP / BitcoinLong
XRPBTC 4H long setup; breakout of trendline above support
TA Explained
XRPBTC just broke the descending trendline after bouncing on support area two days ago. From a TA perspective this is looking good for trend continuation. However be aware of the fork on the 12th of December! It might result in a sell off after the the Flare tokens are distributed.
Trade setup
Best entries: 0.00003060 - 0.00003160
TP1: 0.00003603
TP2: 0.00003900
TP3: 0.00004216
SL: 0.00002717
RR: 2.81
Max leverage: na
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
XRPBTC just broke the descending trendline after bouncing on support area two days ago. From a TA perspective this is looking good for trend continuation. However be aware of the fork on the 12th of December! It might result in a sell off after the the Flare tokens are distributed.
Trade setup
Best entries: 0.00003060 - 0.00003160
TP1: 0.00003603
TP2: 0.00003900
TP3: 0.00004216
SL: 0.00002717
RR: 2.81
Max leverage: na
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.