As we can see here VERY CLEARLY, our price action is at the very end of this descending triangle. Historically, a descending triangle this accurate will result in an upward price movement. Additionally, on the 4h chart we are hitting the bottom of the bollinger band and the price has already bounced off with an ENGULFING GREEN CANDLE. These are three strong signs of an upward push on price action ALL HAPPENING AT ONCE.
To those of you wondering where to take profits after this play, pay close attention to FIB LVL .236 (we will see resistance here)
Ill be posting more analysis on XRPs price movement as this bounce plays out.
Good luck trading everyone,
Dean Gonzalez
To those of you wondering where to take profits after this play, pay close attention to FIB LVL .236 (we will see resistance here)
Ill be posting more analysis on XRPs price movement as this bounce plays out.
Good luck trading everyone,
Dean Gonzalez
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.