XRPUSDT might get a Pullback before going up
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Hi Traders, XRPUSDT is moving up closing to the end of the triangle, if it breaks above the Resistance line it might go high up to 0.9298, however it might get a Pullback around 0.5803 before it goes higher.
On the H1 it seems that it’s going to break below the Support for a Pullback before it goes higher.
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Xrpusdtanalysis
The right trading stop to start movingI expect to reach two targets, Ripple is much faster than Bitcoin in descending, so you can focus on the two points marked in the chart.
The best return point is $0.4929, which is a risk to buy
In the four-hour time frame, in case of pullback, we continue to fall to the supply area or from here
XRPUSDT Symmetrical Triangle & Seems BullishXRPUSDT Symmetrical Triangle & Seems Bullish
We need to have a confirmed breakout and retest.
Open Trade IF AND ONLY IF the setup is validated. Follow the setup carefully!
Buying Zones:
BZ1: 1.77
BZ2. 1.8
Targets:
TP1 1.9692
TP2 2.2120
TP3: @2.65
Stop Loss: 1.46
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.