XRP Bullish Pennant Buy/Sell Areas refined.
My previous prediction of a bullish pennant seems to be holding, with a sell target in the area of $0.225 - $0.230 USD for XRP.
This chart has also got my standard trade area, and the deviation/outlier area as part of the pennant.
This area of .225-.230 would be the traditional 50% Fib retracement zone on a bearish downtrend from our last move. I would expect the price to drop after hitting this sell target area.
I am not a financial advisor. do your own research. do not trade based on my advice. you are responsible for your own decisions.
This chart has also got my standard trade area, and the deviation/outlier area as part of the pennant.
This area of .225-.230 would be the traditional 50% Fib retracement zone on a bearish downtrend from our last move. I would expect the price to drop after hitting this sell target area.
I am not a financial advisor. do your own research. do not trade based on my advice. you are responsible for your own decisions.
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.