Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
XRP has been overall bullish from a long-term perspective trading inside the rising wedge pattern and it is currently sitting around the lower bound / blue trendline.
Moreover, the zone 0.5 is a strong support and supply zone.
🏹 Hence, XRP is sitting around a strong area to look for buy setups as it is the intersection of the green supply and lower blue trendline.
on H4: Right Chart
XRP has been stuck inside a range.
For the bulls to take over short-term, we need a momentum candle close above the last minor high in red.
Meanwhile, until the bulls take over, XRP would be stuck inside a range while completing the inverse head and shoulders pattern before breaking the neckline.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
on Weekly: Left Chart
XRP has been overall bullish from a long-term perspective trading inside the rising wedge pattern and it is currently sitting around the lower bound / blue trendline.
Moreover, the zone 0.5 is a strong support and supply zone.
🏹 Hence, XRP is sitting around a strong area to look for buy setups as it is the intersection of the green supply and lower blue trendline.
on H4: Right Chart
XRP has been stuck inside a range.
For the bulls to take over short-term, we need a momentum candle close above the last minor high in red.
Meanwhile, until the bulls take over, XRP would be stuck inside a range while completing the inverse head and shoulders pattern before breaking the neckline.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: 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.