Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
XRP - Impulse - Correction - Impulse ↗️
XRP/TETHER USDT
XRP - Impulse - Correction - Impulse ↗️
By TheSignalyst
Follow
Follow
Nov 17, 2023
2
2
Cheer
Cheer
3
3
Nov 17, 2023
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 According to my latest analysis (attached on the chart),
we expected XRP to reject the 0.7345 zone.
This week, XRP entered a correction phase, and it is currently approaching the support zone.
🏹 For the bulls to regain control
and initiate the next impulse movement, we need a break above the red channel and the last major high.
Meanwhile, XRP would be bearish,
trading inside the falling red channel, and could still move lower to test the 0.55 support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Beyond Technical Analysis
blockchain
breakout
Chart Patterns
crypto
longterm
reversal
ripple
Trend Analysis
xrp
TheSignalyst
Follow
Follow
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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
.