XRP plan B.
Updated
Ripple - Intraday - We look to Sell a break of 0.5788 (stop at 0.6011)
Trend line support is located at 0.6030.
Pivot support is at 0.5690.
A break of 0.5800 is needed to confirm follow through negative momentum.
Daily signals for sentiment are at overbought extremes.
Our profit targets will be 0.5164 and 0.4812
Resistance: 0.6200 / 0.6400 / 0.6650
Support: 0.6000 / 0.5850 / 0.5600
Trend line support is located at 0.6030.
Pivot support is at 0.5690.
A break of 0.5800 is needed to confirm follow through negative momentum.
Daily signals for sentiment are at overbought extremes.
Our profit targets will be 0.5164 and 0.4812
Resistance: 0.6200 / 0.6400 / 0.6650
Support: 0.6000 / 0.5850 / 0.5600
Trade active
Trade closed: target reached
Trade closed intraday at 0.5532
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.