So long as this low holds up on XRP, id call this a major checkback here, above the old 2021 highs.
Alongside a lot of other alt coins, XRP also has a real nice 3 bar play. a 3 candle stick pattern that implies bullish continuation, especially in the context of a major weekly checkback.
This is powerful on a macro time scale.
In the same respect, it would be a major red flag if that low is lost. It isnt a death sentence, but it does change the story.
This is an open trade ive previously posted here, but if i were looking to add to a position, or open a new long, i would use that red flag as stop loss and reassess.
Alongside a lot of other alt coins, XRP also has a real nice 3 bar play. a 3 candle stick pattern that implies bullish continuation, especially in the context of a major weekly checkback.
This is powerful on a macro time scale.
In the same respect, it would be a major red flag if that low is lost. It isnt a death sentence, but it does change the story.
This is an open trade ive previously posted here, but if i were looking to add to a position, or open a new long, i would use that red flag as stop loss and reassess.
discord.gg/2b6UjxEY
Join our free discord.
Join our free discord.
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.
discord.gg/2b6UjxEY
Join our free discord.
Join our free discord.
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.