XRP/USD Long Idea
Price shows strong reversal signals, bounced from monthly support a while ago, and gives a retrace oppurtunity on 4h. this is a low profit and low risk idea.
RR based on first trouble area. If price drops below the nearest swing low( which is stoploss) , we can try another long from the thick red line, which is the monthly key level.
targets shown on the chart, but it's mainly depends on general crypto market, briefly Bitcoin price.
This is an educational idea, not an investment advice.
RR based on first trouble area. If price drops below the nearest swing low( which is stoploss) , we can try another long from the thick red line, which is the monthly key level.
targets shown on the chart, but it's mainly depends on general crypto market, briefly Bitcoin price.
This is an educational idea, not an investment advice.
Trade active
1st Target reachedTrade active
2nd Target reachedTrade closed: target reached
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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.