As we can see on this daily chart we are still bullish, we did not close below any important low, the price filled the eq of the long daily wick as we can see and it also aligns very nicely with the body of weekly bullish fair value gap, the price reacted positively to it pushing to the upside in the last 3 daily candles, my expected scenarios for xrp are either:
no.1 We will move to the upside and extract some internal liquidity from the daily bearish fvg and then displace to the downside looking to fill the weekly gap and sweeping remaining daily lows to gain momentum and then break to the upside
OR
no. 2 we will invert the daily fair value gap pushing trough and closing above it and continue higher aiming to sweep liquidity at the ltf highs located circa in the 2.7-2.8 price range
no.1 We will move to the upside and extract some internal liquidity from the daily bearish fvg and then displace to the downside looking to fill the weekly gap and sweeping remaining daily lows to gain momentum and then break to the upside
OR
no. 2 we will invert the daily fair value gap pushing trough and closing above it and continue higher aiming to sweep liquidity at the ltf highs located circa in the 2.7-2.8 price range
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.