Why XRP not break out?
BTCUSDT, BCCUSDT, NEOUSDT... breakout already, why XRPUSDT still stay in the equilibrium pattern. It leans to bull break, but bear break is also possible.
Tightening range from 0.322 to 0.355
Long : if break above 0.3560, which may take out three resistance at once. and ride with bollinger upper band
stoploss: latest 4 hour higer low or 0.3430 (hope it can hold)
target: 0.428
lesson: if tightening pattern does not break the resistant, do rush in.
(i got in too early, take it for grant that everyone break out, XRP should be the same. I was wrong. I gotta follow my rule)
It is only the personal trading note, not financial advice, but opinions and pieces of advice are welcome.
Tightening range from 0.322 to 0.355
Long : if break above 0.3560, which may take out three resistance at once. and ride with bollinger upper band
stoploss: latest 4 hour higer low or 0.3430 (hope it can hold)
target: 0.428
lesson: if tightening pattern does not break the resistant, do rush in.
(i got in too early, take it for grant that everyone break out, XRP should be the same. I was wrong. I gotta follow my rule)
It is only the personal trading note, not financial advice, but opinions and pieces of advice are welcome.
Penafian
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