Hello traders,
When i look at the daily which carry more weight and much more reliable than lower TF i don't think we are done with the selling pressure.
Since November high and this massive sell-off price kept making LH and LL, i know there is a lot of hype & excitement about XRP lately but to me it looks like the last pic we had around 0.37cents was just a LH and most of time we see LL right after.
Again unless we break that previous high or BTC decide otherwise because has everyone should know alts are followers not leaders i believe price will continue downward with potentially a retest of March 2019 low.
If so, price will need to stabilize and produce a setup, followed by a confirmation before we take on any new risk for a swing trade!
Thank you and take care!
When i look at the daily which carry more weight and much more reliable than lower TF i don't think we are done with the selling pressure.
Since November high and this massive sell-off price kept making LH and LL, i know there is a lot of hype & excitement about XRP lately but to me it looks like the last pic we had around 0.37cents was just a LH and most of time we see LL right after.
Again unless we break that previous high or BTC decide otherwise because has everyone should know alts are followers not leaders i believe price will continue downward with potentially a retest of March 2019 low.
If so, price will need to stabilize and produce a setup, followed by a confirmation before we take on any new risk for a swing trade!
Thank you and take care!
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.