As indicated on the chart ripple bounced perfectly off the trendline . It showed great volume, meaning that it is likely it will go further up.
When the triangle breaks i expect an upward movement. (it can break to the downwards side so be aware, allthough i think it is unlikely)
It should be said that every alt coin is depended on BTC 0.94% movement. BTC 0.94% is having a great bullish volume right now, indicating that alt coins are about to follow.
I believe the first target should be around .9000 - .9100. Which is a huge resistance level.
I set the stop loss to be below abit below the trendline , so if the trendline breaks, we would see XRP continuing the downtrend.
I will keep updating the chart, so stay posted
May the charts be with you
- luke
When the triangle breaks i expect an upward movement. (it can break to the downwards side so be aware, allthough i think it is unlikely)
It should be said that every alt coin is depended on BTC 0.94% movement. BTC 0.94% is having a great bullish volume right now, indicating that alt coins are about to follow.
I believe the first target should be around .9000 - .9100. Which is a huge resistance level.
I set the stop loss to be below abit below the trendline , so if the trendline breaks, we would see XRP continuing the downtrend.
I will keep updating the chart, so stay posted
May the charts be with you
- luke
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.
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.