XRP, The Next Leg Down... Potential Buy Zone
Whew...well I guess patience pays off. XRP finally gave up testing the 1.40 resistance I spoke about in my last post.
We just got a bearish confirmation on the 1hr chart with the cross of our EMA's.
A new leg down is beginning. BTC has fallen below 49k at the time of this post as well, yet another bearish signal.
Below I have replaced my boring black line of potential support with a new thing I am starting called the, "Buy Box." This is a green box where I suggest and will myself, enter a buy order. The box resembles a good buy zone between prices instead of an exact price point. I decided this would be better as though 1.40 was clearly a strong resistance we did actually wick to 1.45. The Buy Box should increase accuracy when placing trades. :)
The Buy Box range illustrated here is anywhere between 1.10 and 1.13
Thanks for all the support so far guys!
We just got a bearish confirmation on the 1hr chart with the cross of our EMA's.
A new leg down is beginning. BTC has fallen below 49k at the time of this post as well, yet another bearish signal.
Below I have replaced my boring black line of potential support with a new thing I am starting called the, "Buy Box." This is a green box where I suggest and will myself, enter a buy order. The box resembles a good buy zone between prices instead of an exact price point. I decided this would be better as though 1.40 was clearly a strong resistance we did actually wick to 1.45. The Buy Box should increase accuracy when placing trades. :)
The Buy Box range illustrated here is anywhere between 1.10 and 1.13
Thanks for all the support so far guys!
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