So long as this low holds up on XRP, id call this a major checkback here, above the old 2021 highs.
Alongside a lot of other alt coins, XRP also has a real nice 3 bar play. a 3 candle stick pattern that implies bullish continuation, especially in the context of a major weekly checkback.
This is powerful on a macro time scale.
In the same respect, it would be a major red flag if that low is lost. It isnt a death sentence, but it does change the story.
This is an open trade ive previously posted here, but if i were looking to add to a position, or open a new long, i would use that red flag as stop loss and reassess.
Alongside a lot of other alt coins, XRP also has a real nice 3 bar play. a 3 candle stick pattern that implies bullish continuation, especially in the context of a major weekly checkback.
This is powerful on a macro time scale.
In the same respect, it would be a major red flag if that low is lost. It isnt a death sentence, but it does change the story.
This is an open trade ive previously posted here, but if i were looking to add to a position, or open a new long, i would use that red flag as stop loss and reassess.
discord.gg/cNr35ahGsx
Join our free discord.
Join our free discord.
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.
discord.gg/cNr35ahGsx
Join our free discord.
Join our free discord.
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.