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XRPBTC- Long

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BINANCE:XRPBTC   XRP / Bitcoin
XRPBTC


After some consolidating price action for two days. Price has finally broken out of the consolidation zone and price went to the 9K resistance and was rejected
Since then it has retraced to the 0.618 fib level and has been holding.

We can expect a retest of the 9K resistance
Breaking the resistance is not out of the question

Go long @ 8.5K

TP: 9.4K
SL: 8.2K
Komen:
Since there's a bearish pattern setting up i will takae profit at 9K level
And will bee seeking a sell opportunity when point D is reached.


Komen:
Bearish Pattern that is. I Didn't specify.
Dagangan ditutup secara manual:
Took profit after indentyfing bearish bat pattern
Dagangan ditutup secara manual

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.