Hello guys, I hope you are doing well.
We have the Ripple currency chart in the 4-hour time frame.
The Ripple currency had a downward trend in the form of a descending channel, which started an upward movement by hitting the daily demand area.
This upward movement led to the breaking of the descending channel to the top and also broke a 4-hour supply area with an aggressive upward movement.
Currently, it has hit a supply area and has had a correction, coming towards the four-hour demand area and is still a pullback to the upper level of the descending channel.
This point is a good place to enter buying positions and I expect this growth to continue until the levels (0.6030) - (0.6270).
Share your opinion in the comments and support the idea with like. Thanks for your support!
We have the Ripple currency chart in the 4-hour time frame.
The Ripple currency had a downward trend in the form of a descending channel, which started an upward movement by hitting the daily demand area.
This upward movement led to the breaking of the descending channel to the top and also broke a 4-hour supply area with an aggressive upward movement.
Currently, it has hit a supply area and has had a correction, coming towards the four-hour demand area and is still a pullback to the upper level of the descending channel.
This point is a good place to enter buying positions and I expect this growth to continue until the levels (0.6030) - (0.6270).
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade active
Trade active
The demand areas that I specified on the chart in the 1-hour time frame are the right places to enter buying positions.Keep in mind that you must enter the position with confirmation and seeing the candlestick patterns.
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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.