I'm hoping for a TP at 1.4088, though I will be taking about a bit of profit at each major weekly/daily Strength and Resistance point. XRP is generally bullish, having found and respected a very obvious bottom during the BTC dump.
Note
Currently it has lost its daily support, but it could result in a morning star. The stop loss for me is the weekly previous s/r flip at 0.6216. I however do not think it will reach this point, and that the trade is still likely
Trade closed: stop reached
unfortunately it has reached its weekly, as BTC continues to dump off. I will be interested in trading this again if it can reclaim the monthly purple line
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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.