On the trading instrument XRP / USD. The tool is liquid, predictable and with a high percentage of earnings.
There is a breakthrough in a very important resistance zone. May be a fracture of the main trend.
Also depicted in advance important areas, if the price can not gain a foothold above resistance.
The coin is now located at an important zone - the intersection of the downtrend of the main trend and the horizontal resistance line. This is the most important area. Here is one of the areas where further price movement for a fairly substantial time is decided. If the price fixes above the yellow zone, a major trend will break. This will be seen by all traders and hamsters on the chart, and if they don’t see it, they will be shown and informed of this important news. The developers of "Husky Hope" at this moment will be spammed with "positive news." On the Internet you will come across similar headings: "Hoarse - decides the fate of mankind." XRP- $ 100 in a month "A letter from the future." Also in YouTube and telegram channels, "mommy millionaire traders" are activated with their signals. At that moment, panic purchases.
Always remember - it is important not only the price at which you are buying, but also the time how much you will be in the position.Time is money.
If the price cannot overcome this zone, I depicted the potential movement and pivot points on the chart. May form - the figure is an inverted head and shoulders.
The entry points from the implementation of certain scenarios I showed on the graph.
Stop loss
Under key support levels or trending during your entry into the market. Remember they can bring you down easily.
TARGET
All target levels (zones near levels) are shown on the graph.