XRP LONG – CLASSIC REVERSAL PATTERN

XRP / TetherUS BINANCE:XRPUSDT

ISfxR

Once again we have another head and shoulders /trend break/whatever you want to call it.. Coming into weekly support zone and psychological number “60” cents which has been proven to hold, and reject. Obviously XRP wont move without BTC and BTC is at critical support levels that will most likely bounce before vicious breakdown. R:R is perfect for this trade IMO with a tight stop under support which would invalidate the trade.

You might be interested in …

Trading View March 4, 2022

FIL/USDT

FIL/USDT FIL/USD COINBASE:FILUSD mehdi_kazempoor Salam Failcoin dar moje 5 az moje c eslahe khod gharar darad nazare shoma ?

Trading View March 26, 2022

BTC Weekly Market Update, 3/28

BTC Weekly Market Update, 3/28 Bitcoin / U.S. dollar BITSTAMP:BTCUSD SpecialeAnalysis Indicated areas of support (green) and areas of resistance (red) are ascending (rising) and descending (falling). These areas indicated suggest support / resistance for […]

Trading View May 6, 2022

$ETH Price Prediction 05/06/2022

$ETH Price Prediction 05/06/2022 Ethereum / U.S. dollar BITSTAMP:ETHUSD CheddarBizcuitz Price continues to drop as we fall under the lower short-term support (blue) after several attempted holds. It’s possible that we see another highly volatile […]