Hello traders!
I have looked in a Xrp/bitcoin and i have come to this. Xrp is not in a triangle for couple of days now, but that doesnt mean it could go lower!
As i looked in to it i saw a potential long and a short on really short term.
Both trades look promising but for both we need only daily charts!
If we bounce up from this, that could mean a second try on breaking the 0.5 FIB and a later nice uptrend!
If we do NOT bounce back up that would be a short! mostly everything will be depending on today's canddle and maybe the next one!
Slo_Crypto
I have looked in a Xrp/bitcoin and i have come to this. Xrp is not in a triangle for couple of days now, but that doesnt mean it could go lower!
As i looked in to it i saw a potential long and a short on really short term.
Both trades look promising but for both we need only daily charts!
If we bounce up from this, that could mean a second try on breaking the 0.5 FIB and a later nice uptrend!
If we do NOT bounce back up that would be a short! mostly everything will be depending on today's canddle and maybe the next one!
Slo_Crypto
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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.