XRP / USDT
1- Bullish flag
price after breaking out from major descending channel
Now price is forming flag pattern which is bullish
For this pattern to be successed local support (red color 0.55$-0.56$)should hold and we can see nice impulse toward 0.66$-0.74$ area
2- If this local support failed :
Price will go down to test channel upper trendline
And also 200 EMA (dynamic support in same area)
If price dropped there we can expect a nice bounce
Good luck and happy trading for you all 🌹
1- Bullish flag
price after breaking out from major descending channel
Now price is forming flag pattern which is bullish
For this pattern to be successed local support (red color 0.55$-0.56$)should hold and we can see nice impulse toward 0.66$-0.74$ area
2- If this local support failed :
Price will go down to test channel upper trendline
And also 200 EMA (dynamic support in same area)
If price dropped there we can expect a nice bounce
Good luck and happy trading for you all 🌹
Note
I want to remind youLas time i did analysis on xrp we made 23% profit in spot in less than 1 day you can check my previous idea here :
Note
Price followed scenario 2 And we entered short on bearish retest
See our profit results here 👇👇
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.