XRPUSD is currently on very interesting level.
Yesterday's dump dragged XRP towards 0.16700-600 levels, which is previous resistance and now support
of big consolidation box.
This level also holding supportive trendline, which is also very important.
If it breaks these levels down below, longs are invalid and i will not be looking for long opportunities anymore.
If we can hold and i see some kind of Accumulation, i could long right here around 0.17.
More longs i will be adding if we break+retest 0.18, which is very important zone/level for further moves.
Psychological level + previous daily/weekly low. if we break it, XRP is gonna lead towards 0.22500 and maybe even more.
Good luck with trading guys. if you like this, dont forget to hit a like button,
Thank you and dont forget to trade with proper Risk and Money management
Yesterday's dump dragged XRP towards 0.16700-600 levels, which is previous resistance and now support
of big consolidation box.
This level also holding supportive trendline, which is also very important.
If it breaks these levels down below, longs are invalid and i will not be looking for long opportunities anymore.
If we can hold and i see some kind of Accumulation, i could long right here around 0.17.
More longs i will be adding if we break+retest 0.18, which is very important zone/level for further moves.
Psychological level + previous daily/weekly low. if we break it, XRP is gonna lead towards 0.22500 and maybe even more.
Good luck with trading guys. if you like this, dont forget to hit a like button,
Thank you and dont forget to trade with proper Risk and Money management
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SHORTERM TO THE FCKIN' T!Note
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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.