Sany_Harun

XRPUSD -Daily chart prediction on Feb 2021

XRPUSD on the daily chart. Previously predicted bearish movement hit aound $0.55 at the supply zone and bounce back up to around $0.9. Now price predicted to make another dip to hit another demand zone and make Lower Low (ref to chart). It based on Weekly candle that are now seems like rejecting market price at current supply zone (ref to weekly chart-you will see it clearly).
But, if price able to break the weekly supply zone, price might be able to create new higher high. Look at the large flag pattern on daily/week chart - price will go higher than that.

***Just for sharing opinion based on supply n demand strategies, not financial advice. ***

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.