Before we see a breakout, price action seems to be moving toward a bit more retracement. Let's see how it plays out.
Trade active
We've reached the first target area! Onward and upwards!
Note
Potential price action with the pending XRP news ahead.
Note
The downside possibility has become a reality. Watching for consolidation and bullish continuation OR potential for one more downside movement. I'm in favor of continuation from here.
Note
Price retraced toone of our initial entries had a nice reaction.
Continue to monitor price action for signs of bullish continuation.
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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.