🔸Hello traders, let's review the 8hour price chart for XRP today. Decent pop off the lows
recently, however limited upside going forward, as bulls will trigger heavy overhead
resistance near premium prices (details see chart)
🔸25% correction looming as bulls will fail to generate a meaningful breakout above 55c,
expecting limited upside currently so recommend to focus on short selling from resistance.
🔸Recommended strategy XRP: short sell rips/rallies 54/55c. Bears will be taking over
from mirror overhead resistance and then expecting re-test of range lows near 41/42c.
25% gains on sell side, unleveraged. good luck traders!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
recently, however limited upside going forward, as bulls will trigger heavy overhead
resistance near premium prices (details see chart)
🔸25% correction looming as bulls will fail to generate a meaningful breakout above 55c,
expecting limited upside currently so recommend to focus on short selling from resistance.
🔸Recommended strategy XRP: short sell rips/rallies 54/55c. Bears will be taking over
from mirror overhead resistance and then expecting re-test of range lows near 41/42c.
25% gains on sell side, unleveraged. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Order cancelled
setup no longer valid
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💎Syndicate Black
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t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
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.
taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
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.