Looking at the XRP/USDT Daily Time Frame, we can get an idea where and WHY price is moving the way it is:
But WAIT .... There's More!
- We see that ALL previous buyside has been swept.
- This should indicate BULLISH order flow.
- Every bullrun hits it's breaking point but where will that be???
- We see that there's more Buyside that's yet to be swept and I'm thinking it will sweep them soon in the near future.
But WAIT .... There's More!
- Right above the highest high, there is a GORGEOUS Daily SIBI resting right above.
- Sadly, it hasn't been tapped yet :(
- If it gets tapped, will XRP rise or will that be it's Downfall???
- There's only one way to find out ;)
- I'm patiently waiting for potential opportunities that allow a solid 2:1 RR trade to be taken.
Pine Script®
(DISCLAIMER) THIS IS NOT FINANCIAL ADVICE! THIS IS MY PERSONAL OPINION AND I COULD BE 100% INACCURATE IN MY ANALYSIS. DO YOUR OWN RESEARCH AND ANALYZE YOUR OWN CHARTS. TRADING IS EXTREMELY RISKY SO BE CAUTIOUS AND TRADE AT YOUR OWN RISK!!!
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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.