We have several positive arguments here:
- Stoch RSI oversold on the 4hr
- Stoch RSI about to be oversold on the daily
- Beginning of consolidation on medium to strong support
- Breakout from an originally bearish triangle
- Confirmed outbreak to the upsde from the Fib Retracement downtrend
- linear, sustaining RSI uptrend, with healthy pullbacks (which is to me the most important indicator on XRP as for now)
Due to the nature of the strong resistance at this point, targets would be at 0.778 USDT and - given there is enough momentum - 0.942 USDT.
If the price drops back down into the triangle, a stop-loss at around 0.30 USDT could make sense for a reasonable risk/reward setup, as then there would be enough potential for a low-target at around 0.153 USDT.
- Stoch RSI oversold on the 4hr
- Stoch RSI about to be oversold on the daily
- Beginning of consolidation on medium to strong support
- Breakout from an originally bearish triangle
- Confirmed outbreak to the upsde from the Fib Retracement downtrend
- linear, sustaining RSI uptrend, with healthy pullbacks (which is to me the most important indicator on XRP as for now)
Due to the nature of the strong resistance at this point, targets would be at 0.778 USDT and - given there is enough momentum - 0.942 USDT.
If the price drops back down into the triangle, a stop-loss at around 0.30 USDT could make sense for a reasonable risk/reward setup, as then there would be enough potential for a low-target at around 0.153 USDT.
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.