Get started
XRP
Long
Updated

XRPUSD: Potential Bullish Move & How to Catch It

1 599
snapshot

XRP is trading within a rising parallel channel on a daily.
Now the price is approaching its support.

To catch a bullish move from that pay close attention to a falling wedge pattern on 4H.
Your trigger to buy will be a bullish violation of its resistance (at least 4H candle close above).

Then buy aggressively or on a retest.

Goals will be 1.152 / 1.208

In case of a bearish breakout of a blue zone,
the setup will be invalid.

❤️Please, support this idea with like and comment!❤️

Note
Check my new analysis on LTCUSD:
Litecoin (LTCUSD): Long Trade Explained
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:
Multiple Time Frame AnalysisParallel ChannelpriceactionpriceactionanalysisWedgeXBTUSDxrpxrpusd

Related publications

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.
Multiple Time Frame AnalysisParallel ChannelpriceactionpriceactionanalysisWedgeXBTUSDxrpxrpusd
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Related publications

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.