XRPUSD breakout coming soon?
XRPUSD made a small breakout supported by great volume of the yellow trend line.
Now retesting the red support line (RSI getting more oversold).
This support line needs to hold, if this line breaks we probably will see lower lows.
After retest there is a chance we will see an attempt to break the purple trendline.
When there is a full breakout above the cloud we will see full bull confirmation.
Now retesting the red support line (RSI getting more oversold).
This support line needs to hold, if this line breaks we probably will see lower lows.
After retest there is a chance we will see an attempt to break the purple trendline.
When there is a full breakout above the cloud we will see full bull confirmation.
Trade active
Trade active
Volume breakout, waiting for breakout above cloud to confirm bull Trade active
1. Current price hovering on trendline 2. Golden cross
3. Declining volume, expecting breakout from here
+ positive BTC sentiment (short term)
Trade active
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.