Hi dear traders
XRP has formed Ascending Wedge.
Volume growth and the price moving below EMA50.
I expect the price return to bottom of Wedge, near support area in next few days.
We can open short position and take profit 📈.
We are trying to take profit 📈in short term.
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
XRP has formed Ascending Wedge.
Volume growth and the price moving below EMA50.
I expect the price return to bottom of Wedge, near support area in next few days.
We can open short position and take profit 📈.
We are trying to take profit 📈in short term.
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Note
Tp 0.37 hit 🎯Note
Tp 0.3622 hit 🎯Note
Key level 0.3622 ,keep an eye to this area, any breakdown this area price go down to next support areaTrade active
Trade closed manually
Trade active
Tp 0.39 Tp 0.38.5
Tp 0.38
SL 0.41
Note
Tp1 hit 🎯Note
Tp2 hit 🎯Note
Tp 3 hit 🎯Note
The price return to retest bearish trend line act as support in Daily timeframe. If breakdown, then go down to support area, otherwise price can rise to first resistance near 0.4
Save some profit now ✔
Note
Hit 0.37 🎯Note
Hit 0.3622 🎯Note
Save some profit at 0.3622 If breakdown this area then price go down to support area.
Note
XRP Next stop 0.355 , 0.35 Let's see what happens
Note
Tp 0.355 hit 🎯Note
Tp 0.35 hit 🎯We got 10.07% profit from the first entry
Note
Now if price hold this area then go up ,otherwise the price go down to support area near 0.32 Let's see what happens
Good luck
Note
Next stop Tp 0.348
Tp 0.3434
Tp 0.34
Tp 0.3366
Tp 0.332
Tp 0.3219
Let's see what happens
Note
XRP unable to breakout bearish trend line Possible secnario
Let's see what happens
Note
Tp 0.3681 hit 🎯Note
Save some profit now ✔The price reaction the middle of the pitchfork channel
Note
The price hit 0.355 🎯Next support area is 0.35 ,if lost this area next important support area o.335
As you can see the price bounced several times form 0.35 ,keep an eye on the this area .
Let's see what happens
Trade active
Hi dear traders
The price is moving in the downward channel in the daily time frame.
As we expected, it is moving according to the forecast.
We consider the return of the price to the support area as a target.
0.37
0.365
0.36
0.355
0.35
0.34
0.334
Let's see what happens
Trade closed manually
Waiting for new enteryNote
If breakout 0.41 area then we can open long position otherwise price go down to support area near 0.34 .Short position
SL 0.42
FINAL TARGET 0.34
Long position
Entery 0.42
SL 0.35
FINAL TARGET 0.5
Good luck
Trade active
Note
Everything is clear in the chart.Let's see what happens
Good luck
Note
Tp 0.38 hit 🎯Next stop 0.375 , 0.37 , 0.365
Let's see what happens
Note
Tp 0.375 hit 🎯Note
Tp 0.37 hit 🎯Note
The price is suffering between 0.375 and 0.38.Save some profit.
We are waiting for the price reaction for another entry
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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.
Related publications
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.