XRP Thesis
- Weekly: Last weeks candle closed as a bearish engulfing closing below 0.2500 major weekly zone taking out previous weekly lows. XRP could move a lot lower.
- Daily: Price has overextended to the upside breaking above 0.2600 taking out previous highs. Yesterday candle closed as a shooting star signalling bears could be ready to push XRP back down to 0.2600 for recovery.
- 1hr: Retest of 0.2850 has just occurred with H&S Pattern forming signalling reversal to 0.26000 is on the cards
Trade active
Trade closed: stop reached
Trade active
Entry again. With higher stop lossTrade closed: stop reached
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.