XRPUSDT
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency the price trade below a resistance trendline , indicates the price is under bearish pressure
- TREND ANALYSIS : resistance trendline was strong not easy to breakout , the price trade below this line to reach a support level
- TURNING LEVEL : a black line around 0.46 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level
- RESISTANCE LEVEL : there is a green line around 0.49 , indicates selling have already increase this level , so if the price breaking above turning level reach this level
- SUPPORT LEVEL : there is a red line below turning level around 0.43 , indicates buying have already increase this level , so if the price stabilizing below turning level reach this level
- PRICE MOVEMENT : as long as the price trade below turning level at 0.46 , reach a support level at 0.44 , then stable below this level reach a 0.43 , if the price breaking turning level reach a resistance level at o.48 , then stable above this level touch a 0.49
- CORRECTIVE LEVEL : the price corrective turning level at 0.46 , before dropping
TARGET LEVEL :
- RESISTANCE LEVEL : 0.47, 0.48
- SUPPORT LEVEL : 0.44 , 0.43
Trade active
REACH first target , still continues a bearishTrade active
reach full target , in last analysis as mentioned under bearish pressure , today stabilizing bearish area after breakout support trendline , may be price rising a support level around 0.43 before dropping
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The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.