XRPUSD We posted on the 10th of this month is showing showing a major move to the upside. Price has broken out of the Symmetrical triangles chart pattern.
The gives a strong signal to go long as price has broken out of the resistance of the Symmetrical triangles. The DMI(directional movement indicator) is giving a signal that a new up trend is about to start as the -DI(red EMA) is crossing the +ID(yellow EMA) to the down side. It needs to cross 25 and move down for a major upside to come. Currently the price still remains above the Symmetrical triangles and the long position given in the previous analysis are still valid. To check the previous targets and stop loss range check tradingview.com/chart/XRPUSD/5Do42X6j-XRPUSD/.
The gives a strong signal to go long as price has broken out of the resistance of the Symmetrical triangles. The DMI(directional movement indicator) is giving a signal that a new up trend is about to start as the -DI(red EMA) is crossing the +ID(yellow EMA) to the down side. It needs to cross 25 and move down for a major upside to come. Currently the price still remains above the Symmetrical triangles and the long position given in the previous analysis are still valid. To check the previous targets and stop loss range check tradingview.com/chart/XRPUSD/5Do42X6j-XRPUSD/.
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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.