Short

XRP/USDT | Potential Downward Movement 🚀🚀🚀

Technical Analysis:

Starting by the higher time frame the price is ranging between two strong levels which are the support and resistance @ 0.6387 & 0.3672 USDT respectively. The price is showing a downward movement and posted recently a correction count. On the lower time frame, the price broke the trendline and formed a double top which might lead to a move downward to the 0.4121 mark.
-------------------------------------------------------------------------------------
Trade Idea:

Sell Limit Order @ 0.4673
Take Profit @ 0.4121
Stop Loss @ 0.4908

Trade Safely 🙂

Forex-Robot-Nation

👉 For Free Signals :

t.me/tradewithpatfree

🗣 Our Website :

forexrobotnation.com/

📡 Our Youtube Channel :

youtube.com/c/tradewithpat

✔️ Our TikTok

tiktok.com/@tradewithpat

Also on:

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.