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Xrpusdtprediction

XRP/USDT: Both sides trade opportunitiesHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. XRP/USDT TA Update:- TimeFrame :- 4H $XRP is currently trading at $0.4 levels. Both sides trade opportunities available 1 ) If the 4h candle closes above this resistance - Target:- $0.56 or much higher Targets can be achieved. Stop loss :- $0.4 2 ) If it breakdown this pattern Downside. Targets :- $0.28 Stop loss :- $0.43 This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
by CRYPTOMOJO_TA
Long On XRPUSDT.Kindly like, comment and follow for more ideas, ***** This trade idea is on spot trading. I do not recommend futures for this particular trade. ***** * I see potential POI ranging from 0.9764 to 0.7632 * It should be a perfect buying opportunity with stop loss at 0.5239 Reason; * First of all, you can see perfect cup and handle formation on daily and weekly time frame which indicates Bullish trend coming up soon. Secondly, * I always use Fib retracement as my basic strategy as well as support and resistance . I see a perfect retracement on golden zone range between 61.8 to 78.6 that is 0.8875 to 0.7632. * Take profits are just truly based on inverse FIBS * Note that, take profits after usual cup and handle is different, i will note it down if you wish to follow those take profits and i will explain them why it is set that way; Take profit 1 is equal to the size of the handle. ie., 1.7810 Take profit 2 is equal to the size of the cup. ie., 3.4928 * Stop loss is set at 0.5239 as it will break 1.00 on FIBS and make a new LL. * Keep you short loss small and profits big * This trade is 1:11 risk to reward ratio. * This is not financial advice. Invest only what you are prepared to lose and do not predict the movements, READ the charts. Best wishes, Zaki
Long
by Proptradingtrainer