XRP/USD-4 Hour overview

XRP/USD-4 Hour overview

Hello everybody!

-On a 4-hourt time frame, we can see that the price reached a strong support zone and we can see that the price is rejecting that line because we can see that the price is leaving long lower wick.
-On a lower time frame such as 1 hour, we can see that the price is leaving longer lower wicks in support zone so that means that the price is rejecting that area.
-I expect bullish movement if we have more conformations and more rejections in that area,…-But that is just my opinion!

-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!

THANKS FOR READING!

-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.

-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.

Published at Thu, 20 Feb 2020 11:02:54 +0000

Spread the word. Share this post!