XRP
Long

XRPUSD: Potential Bullish Move & How to Catch It

Aktualisiert
Snapshot

XRP is trading within a rising parallel channel on a daily.
Now the price is approaching its support.

To catch a bullish move from that pay close attention to a falling wedge pattern on 4H.
Your trigger to buy will be a bullish violation of its resistance (at least 4H candle close above).

Then buy aggressively or on a retest.

Goals will be 1.152 / 1.208

In case of a bearish breakout of a blue zone,
the setup will be invalid.

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Anmerkung
Check my new analysis on LTCUSD:
Litecoin (LTCUSD): Long Trade Explained
Multiple Time Frame AnalysisParallel ChannelpriceactionpriceactionanalysisWedgeXBTUSDxrpxrpusd

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