hi traders,
Since the beginning of December, XRPUSDT has been consolidating and forming the symmetrical triangle pattern.
This corrective structure may bring us more upside in the next days but as it's a neutral pattern, there's a probability that it will break down too.
How to position yourself?
1. If the price breaks to the upside, enter the long position. Target for longs: 3,40 - 3,50$.
2. If the price breaks down, bears will target the zone between 1 and 1,20 $.
In either scenario, look for the volume increase to avoid trading the false breakout.
Good luck!
Since the beginning of December, XRPUSDT has been consolidating and forming the symmetrical triangle pattern.
This corrective structure may bring us more upside in the next days but as it's a neutral pattern, there's a probability that it will break down too.
How to position yourself?
1. If the price breaks to the upside, enter the long position. Target for longs: 3,40 - 3,50$.
2. If the price breaks down, bears will target the zone between 1 and 1,20 $.
In either scenario, look for the volume increase to avoid trading the false breakout.
Good luck!
Trade aktif
3,50 is nextTrading ditutup: target tercapai
The target was reached . Textbook play.
💥 Free signals and ideas ➡ t.me/vfinvestment
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💥 Free signals and ideas ➡ t.me/vfinvestment
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.