XRPUSDT
The trend has been decreasing and is also currently above the downtrend line, between the support and resistance lines.
Possible scenarios,
1. It will continue to decrease to the support line then pull it back. wait for an open-close candle and then sell. Due to the fact that expecting more decreases.
2. It might go up and break the resistance line above.
a) you can buy some or more.
b) you can sell if you already earned your target profit and do not want to take more ri.sks
Possible scenarios,
1. It will continue to decrease to the support line then pull it back. wait for an open-close candle and then sell. Due to the fact that expecting more decreases.
2. It might go up and break the resistance line above.
a) you can buy some or more.
b) you can sell if you already earned your target profit and do not want to take more ri.sks
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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.