XRPLong
XRPUSD LONG, 4 HOUR CHART
IDEAS ON THE MARKET FOR THE FOLLOWING 30 DAYS
TARGET: 2.99098
ON THE 4 HOURLY CHART WE CAN SEE A HEAD AND SHOULDER FORMATION, THIS IS WHAT I SEE
-PRICE MAY FIND A STABLE LEVEL ON OUR YELLOW TREND LINE : IF PRICE STAYS ABOVE THIS LEVEL, WILL THINK ABOUT ENTERING A BUY AFTER BREAKING PARALLEL CHANNEL .
POSSIBLE PARAMETERS:
-ENTRY: 1.30700
-STOP LOSS: 1.25000
-TP 1: 1.37935
-TP 2: 1.45017
-TP 3 (RUNNER) 1.71216 (27 MAY, ESTIMATED DATE)
-PRICE MAY BREAK YELLOW TREND LINE AND FIND A SUPPORT LEVEL ON GREEN TREND LINE : IF PRICE FINDS A STABLE LEVEL ON GREEN TREND LINE , WILL THINK ABOUT ENTERING A BUY.
POSSIBLE PARAMETERS:
-ENTRY : 1.04000
-STOP LOSS: 1.0000
-TP 1: 1.37935
-TP 2: 1.45017
-TP 3 (RUNNER) 1.71216 (27 MAY, ESTIMATED DATE)
AFTER REACHING 1.71216, PRICE MAY RETEST THE AREA, MIGHT ENTER A BUY AFTER RETEST WITH THE FOLLOWING PARAMETERS
-ENTRY: 1.71216
-STOP LOSS: 1.65000
-TP 1: 2.20000
-TP 2: 2.60426
-TP 3: 2.99098
THIS IS NOT AN ADVISE TO SELL, BUY OR HOLD IN THE MARKET
TARGET: 2.99098
ON THE 4 HOURLY CHART WE CAN SEE A HEAD AND SHOULDER FORMATION, THIS IS WHAT I SEE
-PRICE MAY FIND A STABLE LEVEL ON OUR YELLOW TREND LINE : IF PRICE STAYS ABOVE THIS LEVEL, WILL THINK ABOUT ENTERING A BUY AFTER BREAKING PARALLEL CHANNEL .
POSSIBLE PARAMETERS:
-ENTRY: 1.30700
-STOP LOSS: 1.25000
-TP 1: 1.37935
-TP 2: 1.45017
-TP 3 (RUNNER) 1.71216 (27 MAY, ESTIMATED DATE)
-PRICE MAY BREAK YELLOW TREND LINE AND FIND A SUPPORT LEVEL ON GREEN TREND LINE : IF PRICE FINDS A STABLE LEVEL ON GREEN TREND LINE , WILL THINK ABOUT ENTERING A BUY.
POSSIBLE PARAMETERS:
-ENTRY : 1.04000
-STOP LOSS: 1.0000
-TP 1: 1.37935
-TP 2: 1.45017
-TP 3 (RUNNER) 1.71216 (27 MAY, ESTIMATED DATE)
AFTER REACHING 1.71216, PRICE MAY RETEST THE AREA, MIGHT ENTER A BUY AFTER RETEST WITH THE FOLLOWING PARAMETERS
-ENTRY: 1.71216
-STOP LOSS: 1.65000
-TP 1: 2.20000
-TP 2: 2.60426
-TP 3: 2.99098
THIS IS NOT AN ADVISE TO SELL, BUY OR HOLD IN THE MARKET
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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.
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.