XRP/USD showing bullish reversal
Disclaimer: I am new in trading, conserving my ideas here for later reference. I appreciate your constructive feedback!
Looks like the declining resistance line was broken and a upwards channel is forming.
MACD also shows positive uptrend.
I still observe BTC/USD, obviously most other pospular altcoins are linked to it, including XRP.
If it goes up, I expect XRP to swing in/stabilize at around 1.25/1.30 or the next fib level.
What do you think?
Looks like the declining resistance line was broken and a upwards channel is forming.
MACD also shows positive uptrend.
I still observe BTC/USD, obviously most other pospular altcoins are linked to it, including XRP.
If it goes up, I expect XRP to swing in/stabilize at around 1.25/1.30 or the next fib level.
What do you think?
Note
Update: Trend continues...tradingview.com/chart/vfiX5b6a/
Order cancelled
Well, that did not go as expected...
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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.