Not Sure If This Is The Correct Way To Use A Pitchfork
However, I Am Using The Zones Created As Bullish Channels
As I Believe XRP Has Bottomed, I Would Expect Price To Hold These Zones (Black & Blue)
For Confirmation Of The New Bullish Trend.
There May Also Be A 61.8% Retracement Due Around $0.16 - $0.155
However, We Saw The 50% Retracement Come Through From That Recent Spike To $0.175
I Would Like To See The New Daily Fibonacci 61.8% & 50% Retracements Come Through Around The Blue Box Shown
I Am Waiting To See Whether These Bullish Trend Zones Hold Up Over The Next Few Days
If So I Will Use Intra Day Time Frames And The Candle Closes On Those To Confirm An Entry
However, I Am Using The Zones Created As Bullish Channels
As I Believe XRP Has Bottomed, I Would Expect Price To Hold These Zones (Black & Blue)
For Confirmation Of The New Bullish Trend.
There May Also Be A 61.8% Retracement Due Around $0.16 - $0.155
However, We Saw The 50% Retracement Come Through From That Recent Spike To $0.175
I Would Like To See The New Daily Fibonacci 61.8% & 50% Retracements Come Through Around The Blue Box Shown
I Am Waiting To See Whether These Bullish Trend Zones Hold Up Over The Next Few Days
If So I Will Use Intra Day Time Frames And The Candle Closes On Those To Confirm An Entry
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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.