Ripple perform bearish wave with channel down pattern. This channel down is not perfect because we have false breakout.
right now chanel down resistance reach at 0.64725
If this resistance cannot broken, bearish will continue to reach $0.59480
right now chanel down resistance reach at 0.64725
If this resistance cannot broken, bearish will continue to reach $0.59480
Trade active
price action move same direction as our plan,right now we reach fibonacci support at $0.61703. bullish target at $0.67490,
but right now, we only have this fibonacci as bullish pattern
so, I will wait at $0.59510 and look for more bullish pattern to enter long position.
Note
trading plan :buy at support $0.5951 or deeper at fibonacci support at $0.58344 target at $0.85352
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.
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.