Hi,
Welcome to this analysis about XRPUSD, we are looking at the hourly timeframe perspective. As mentioned in previous analysis XRPUSD completed the triangle bearishly to the downside and bounced from the downside targets now initially, furthermore it has developed this descending-channel-formation in which it completed the coherent wave-count and is now testing the upper boundary with the new wave-count to the upside, when XRPUSD now stabilizes further in the structure and finally manages to break out above the boundary this will lead to further continuations and protraction of the wave C to the upside finally testing the upper blue resistance-zone from where the situation will decide further.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about XRPUSD, we are looking at the hourly timeframe perspective. As mentioned in previous analysis XRPUSD completed the triangle bearishly to the downside and bounced from the downside targets now initially, furthermore it has developed this descending-channel-formation in which it completed the coherent wave-count and is now testing the upper boundary with the new wave-count to the upside, when XRPUSD now stabilizes further in the structure and finally manages to break out above the boundary this will lead to further continuations and protraction of the wave C to the upside finally testing the upper blue resistance-zone from where the situation will decide further.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
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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.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.