Hello everyone, if you like the idea, do not forget to support with a like and follow.
XRP is overall bullish trading inside the red channel, and it is currently approaching the lower bound / red trendline acting as non-horizontal support.
As per my trading style:
As XRP approaches the lower red trendline, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless it is broken downward, then our next support would be around 0.5-0.6 where we will be looking for new buy setups
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP is overall bullish trading inside the red channel, and it is currently approaching the lower bound / red trendline acting as non-horizontal support.
As per my trading style:
As XRP approaches the lower red trendline, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless it is broken downward, then our next support would be around 0.5-0.6 where we will be looking for new buy setups
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.