Heres my update, take on XRP
That resistance line failed to be flipped into support, and price action fell below.
There is the possibility of going long here, with the stops below the support line here and/or the swing low zoomed in BUT i think what I would prefer is to wait for price action to clear the overhead resistance once more and see price consolidate above (green triangle box).
That resistance line failed to be flipped into support, and price action fell below.
There is the possibility of going long here, with the stops below the support line here and/or the swing low zoomed in BUT i think what I would prefer is to wait for price action to clear the overhead resistance once more and see price consolidate above (green triangle box).
Note
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.