🔥 XRP Dead Zone: Potential Bearish Move
Around a week ago I made an analysis on XRP and the massive pennant in which it was trading.
A bounce from this area did indeed occur, but the market didn't follow through and XRP went down again. With today's bearish move it's likely that XRP will close the day below the support of the pennant, which could indicate more pain to come.
In case of a free-fall, I'm looking at the support zone to scout for a potential reversal trade. Keep an eye on this zone in case we drop further.
Happy trading!
A bounce from this area did indeed occur, but the market didn't follow through and XRP went down again. With today's bearish move it's likely that XRP will close the day below the support of the pennant, which could indicate more pain to come.
In case of a free-fall, I'm looking at the support zone to scout for a potential reversal trade. Keep an eye on this zone in case we drop further.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
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.