XRPEUR trade ideas
XRP TESTING RESISTANCE The bullish rally is going to test 24 January 2020 resistance at 0,1948 (YELLOW LINE)
2 possibles scenarios as always:
1st With big volume breaks the resistance level (YELLOW LINE) and test it again for the possible target at 0,2068.
2st bounce back on the resistance looking for sell opportunities.
The price follows the bullish regression trendline 12 march green one.
The regression trendline blue one is for the bigger downtrend 15 february confirms 0,2068 as a possible target for long positions.
Next analysis it will be on XRPUSD.
Long Term XRPEUR because of 3 Missed Weekly PivotsXRPEUR is changed into bullish strength.
The RSI has crossed the 50% line and entered into Bullish territory.
As this pair has 3 Missed Weekly Pivots in a row, this pair requires some correction.
Due to the situation worldwide fundamentals can work against this grow.
My hope is a bullish moment towards at least the second Pivot.
XRPEUR technicaly based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 XRPEUR technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see strong bulish candels formation, technicaly expecting to see push in price till FIBO 0.6 possible and higher will update with time.
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