Hi friends, hope you are well and welcome to the new update on XRP coin.
The priceline of XRP is continuously forming different successful harmonic moves. This time it has formed another bullish Garltey pattern entered the potential reversal zone. There is also 100 simple moving average support in the potential reversal zone. The C leg should be at least up to 0.382 Fibonacci projection but on this chart there is a small difference, but as all legs are perfectly formed therefore this difference is ignorable.
This trade has a huge profit possibility up to 89.5%, and the loss possibility is 20%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
The priceline of XRP is continuously forming different successful harmonic moves. This time it has formed another bullish Garltey pattern entered the potential reversal zone. There is also 100 simple moving average support in the potential reversal zone. The C leg should be at least up to 0.382 Fibonacci projection but on this chart there is a small difference, but as all legs are perfectly formed therefore this difference is ignorable.
This trade has a huge profit possibility up to 89.5%, and the loss possibility is 20%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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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.