Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📦XRP has been trading within a large range, bounded by two round numbers, $2 and $3, forming a symmetrical triangle.
Last week, after rejecting the lower boundary of the triangle, XRP turned bullish in the short term.
For the bulls to maintain control and regain the long-term trend, a breakout above the red trendline and the green structure is required.
Such a breakout would target $3 as the initial objective. 🎯
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📦XRP has been trading within a large range, bounded by two round numbers, $2 and $3, forming a symmetrical triangle.
Last week, after rejecting the lower boundary of the triangle, XRP turned bullish in the short term.
For the bulls to maintain control and regain the long-term trend, a breakout above the red trendline and the green structure is required.
Such a breakout would target $3 as the initial objective. 🎯
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade closed: target reached
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.