Xrp has been crippled by the alt coin bear market but is now showing promising signs of a reversal.
Reasons for reversal:
-weekly bullish divergence on the macd
-falling wedge breakout with a target of 45c
-hitting the measured move will break 32c and make a higher high
-old investors who were shaken out will fomo back in
This position is not recommended to be traded with leverage, but rather a 1:1 long position.
Disclaimer: this is not financial advice, please do your own research before opening a position
Hey everyone! If you enjoyed this idea please like and follow, there’s many more ideas to come!
Thanks for the support :)
Reasons for reversal:
-weekly bullish divergence on the macd
-falling wedge breakout with a target of 45c
-hitting the measured move will break 32c and make a higher high
-old investors who were shaken out will fomo back in
This position is not recommended to be traded with leverage, but rather a 1:1 long position.
Disclaimer: this is not financial advice, please do your own research before opening a position
Hey everyone! If you enjoyed this idea please like and follow, there’s many more ideas to come!
Thanks for the support :)
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.