Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 After breaking below 0.55, XRP has been in the making of an Accumulation phase ranging between 0.45 and 0.55 for a couple of month.
The 0.5 zone is also a strong demand and support zone from Weekly timeframe.
📈 For the bulls to take over, and start the Markup phase, we need a daily candle close above 0.55.
📉 Meanwhile, XRP would be consolidating and can still test the lower bound of the range where we will be on the lookout for short-term buy setups.
📚 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
📊 After breaking below 0.55, XRP has been in the making of an Accumulation phase ranging between 0.45 and 0.55 for a couple of month.
The 0.5 zone is also a strong demand and support zone from Weekly timeframe.
📈 For the bulls to take over, and start the Markup phase, we need a daily candle close above 0.55.
📉 Meanwhile, XRP would be consolidating and can still test the lower bound of the range where we will be on the lookout for short-term buy setups.
📚 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
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.