If my studies are to provide anything, this could shape a rather Bullish scenario for XRPUSD. That Top would need to be dealt with and likely retested for things to move in the other direction.
The parallel channels provide some areas where heavy selling will likely be found.
Good Luck, Traders. May you find yourself on the profitable side of it.
The parallel channels provide some areas where heavy selling will likely be found.
Good Luck, Traders. May you find yourself on the profitable side of it.
Note
Does XRP have to come back down before getting a kick up? Possible, or did that big retrace already happen from the move. Note
Not liking these 3 Bars at the top of these 4H CandlesTrade active
If anyone wants to chime in on Bearish Divergence, please do. Note
Cleaner buy setupsNote
Careful on Kraken!Note
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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.