Ripple - Intraday - We look to Sell at 0.849 (stop at 0.867)
Short term bias is mildly bearish.
The trend of higher intraday lows has also been broken.
0.850 has been pivotal.
Price action continued to range between key support & resistance (0.800 - 0.850) and we expect this to continue.
Bespoke resistance is located at 0.850.
Our profit targets will be 0.801 and 0.791
Resistance: 0.840 / 0.850 / 0.865
Support: 0.830 / 0.820 / 0.800
Short term bias is mildly bearish.
The trend of higher intraday lows has also been broken.
0.850 has been pivotal.
Price action continued to range between key support & resistance (0.800 - 0.850) and we expect this to continue.
Bespoke resistance is located at 0.850.
Our profit targets will be 0.801 and 0.791
Resistance: 0.840 / 0.850 / 0.865
Support: 0.830 / 0.820 / 0.800
Order cancelled
Trade has expired.
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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.