Ripple recently has broken above the yellow long-term trendline and retested.
It would have been a nice place to enter long when it was retested around $0.37.
For those who entered long, I would hold it more until it reaches the green trendline which I have determined as TP1. If it breaks below, I would either close my position and re-enter at EP2 (around 0.25~0.26), or I would accumulate more at EP2.
Short EP (around 0.92~0.97) was derived by 1:1 fib extending the recent sub-wave, which happens to be near 0.236 fib retracement level.
It would have been a nice place to enter long when it was retested around $0.37.
For those who entered long, I would hold it more until it reaches the green trendline which I have determined as TP1. If it breaks below, I would either close my position and re-enter at EP2 (around 0.25~0.26), or I would accumulate more at EP2.
Short EP (around 0.92~0.97) was derived by 1:1 fib extending the recent sub-wave, which happens to be near 0.236 fib retracement level.
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.