Hello everyone, let's look at the 4H XRP chart to USDT, in this situation we can see how the price moves over the upward trend line, or rather on the upward trend line and fights to stay above the line.
However, let's start by defining goals for the near future the price must face:
T1 = $ 2.41
T2 = $ 2.49
Т3 = 2.56 $.
T4 = $ 2.63
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 2.30 $
SL2 = $ 2.25
SL3 = $ 2.22
SL4 = $ 2.17
Looking at the RSI indicator, you can see how it stays in the upper part of the range, however, you can see how there was a place for potentially re -growth.
However, let's start by defining goals for the near future the price must face:
T1 = $ 2.41
T2 = $ 2.49
Т3 = 2.56 $.
T4 = $ 2.63
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 2.30 $
SL2 = $ 2.25
SL3 = $ 2.22
SL4 = $ 2.17
Looking at the RSI indicator, you can see how it stays in the upper part of the range, however, you can see how there was a place for potentially re -growth.
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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.