setup for XRP
it's been a while that i wasn't here and i wasn't updating.i apologize about that. i don't know if you know or not, the internet was shut down by the government in iran and after that event i was depressed!
so here we go:
we have a impulse wave starting from 0.175$ to 0.198$. i used fib relationships for time and price and i'm guessing something. my guess is that price will reverse on 2:15 UTC today 20 Dec to where wave 2 or C to be at-least equal to wave 1 or A.
so it is good opportunity to long this market with leverage. i would love to put a stop-loss bellow the 61.8% Fib level around 0.18$.
summary:
margin Long
EP : 0.185
SL : 0.18
TP : 0.206
Reward/Risk : 4.36
so here we go:
we have a impulse wave starting from 0.175$ to 0.198$. i used fib relationships for time and price and i'm guessing something. my guess is that price will reverse on 2:15 UTC today 20 Dec to where wave 2 or C to be at-least equal to wave 1 or A.
so it is good opportunity to long this market with leverage. i would love to put a stop-loss bellow the 61.8% Fib level around 0.18$.
summary:
margin Long
EP : 0.185
SL : 0.18
TP : 0.206
Reward/Risk : 4.36
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.