XRPUSD Long Bullish 1 day chart - Short term trade
Previous rises in price have done the same so as long a volume continues so will the price rise until its the buyers are blocked by resistance in RED. Once resistance is hit there will be a retreat. The RSI will rise as illustrated and when it hits 70-80 + or the price is in the red circle region sell, then enter in the green circle region for the rebound and sell in the red circle region.
Volume is also 3x as high which will reflect in the amount that this rises.
This is my opinion only and not advice as it is primarily for my own education, records and for the communities thoughts and opinions. There is as much of a chance of me being wrong as there is right and I am a novice trader :).
Thanks and feel free to like if you want, also I would welcome counter arguments too.
Volume is also 3x as high which will reflect in the amount that this rises.
This is my opinion only and not advice as it is primarily for my own education, records and for the communities thoughts and opinions. There is as much of a chance of me being wrong as there is right and I am a novice trader :).
Thanks and feel free to like if you want, also I would welcome counter arguments too.
Dagangan aktif
Entered this trade with a trailing stop @ 0.32631.Nota
Trailing stop executed here and looks like it has dropped considerably but I expect a rebound.Dagangan ditutup: hentian tercapai
Closed at 0.34Dagangan aktif
Re-entered at 0.31319Dagangan ditutup: hentian tercapai
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.