XRPUSDT - descending triangle forming
Hi traders
XRPUSDT had an epic run but it's time to cool off.
Descending triangle forming but still early to say which direction it will go.
2 scenarios here: 1 for bears and 1 for bulls.
How to trade: trade the breakout. Look for the volume surge to avoid the fakeout.
Don't take a position inside the pattern. Wait for the confirmation.
Targets are shown on the chart.
Good luck
XRPUSDT had an epic run but it's time to cool off.
Descending triangle forming but still early to say which direction it will go.
2 scenarios here: 1 for bears and 1 for bulls.
How to trade: trade the breakout. Look for the volume surge to avoid the fakeout.
Don't take a position inside the pattern. Wait for the confirmation.
Targets are shown on the chart.
Good luck
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.