Analysis:
To start this analysis off lets make it clear, XRP WILL long term reach $1000+, I am extremely confident that the use case and real world utility outweigh how undervalued the currency right now.
Following on from yesterdays analysis.
We could be seeing some consolidation within this zone which I have marked.
Firstly taking a deeper look into internal structure, We can see that price appears to be creating HL and HH which indicate a iBOS and also potentially iCHoCH.
The confluences I'm looking for next would be a HL once again, followed by a HH. However taking into account the overall short term trend, we are bearish as this is just a correction for price and If it was to come down to the M30 Swing low or even better the Supply zone I've marked I will be looking to add more long positions at this level.
To consider:
To start this analysis off lets make it clear, XRP WILL long term reach $1000+, I am extremely confident that the use case and real world utility outweigh how undervalued the currency right now.
Following on from yesterdays analysis.
We could be seeing some consolidation within this zone which I have marked.
Firstly taking a deeper look into internal structure, We can see that price appears to be creating HL and HH which indicate a iBOS and also potentially iCHoCH.
The confluences I'm looking for next would be a HL once again, followed by a HH. However taking into account the overall short term trend, we are bearish as this is just a correction for price and If it was to come down to the M30 Swing low or even better the Supply zone I've marked I will be looking to add more long positions at this level.
To consider:
- INTERNAL Break of Structure
- If price creates LL below M30 Low
- If price creates HL internal structure
- FOMO and Paper hands
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.