Currently Ripple is in a price range between 2886 support and 3253 resistance.
The price reached on the 30th of september a higher level, but wasn´t able to hold this price level and bounced back.
A long upper wick touched the boundary line, but the price was rejected and the bears pushed the price more downward.
Now we can see a balance between the forces within the range.
I prefer to wait until the price reaches support or resistance of the range and then there will be a possibility to go into a profitable trade.
Risk management FIRST !!!
The price reached on the 30th of september a higher level, but wasn´t able to hold this price level and bounced back.
A long upper wick touched the boundary line, but the price was rejected and the bears pushed the price more downward.
Now we can see a balance between the forces within the range.
I prefer to wait until the price reaches support or resistance of the range and then there will be a possibility to go into a profitable trade.
Risk management FIRST !!!
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.