XRP defends the bottom FLAGLINE !!! HOLE will deepen ?!
Hello everyone !
XRP defended the bottom line of the flag on the daily chart. This means that it will continue to move in its field.
However, if the bearish candle closes behind that line, there will be a deeper decline.
# 1 Safe entrance after piercing the flag pattern with retest from the top.
In the first move, the letter W will be formed, which means a bearish to bullish reversal.
There should be sharp gains after the recent declines, which will be recovered very soon.
On February 22, the first court hearing regarding XRP will take place, if positive information is published, the price will shoot up on the 1st target.
# 2 A drop even lower than the current "higher low" which I found in the last analysis :)
Less probable scenario ,but as real as possible.
Then we are waiting for a good time to go as low as possible with a stoploss of $ 0.59
I already took my xrp positions in place from my previous analysis of $ 0.71.
I believe that it was a very good move, and I will buy more if there will be further drops.
Comment and like,
greetings
XRP defended the bottom line of the flag on the daily chart. This means that it will continue to move in its field.
However, if the bearish candle closes behind that line, there will be a deeper decline.
# 1 Safe entrance after piercing the flag pattern with retest from the top.
In the first move, the letter W will be formed, which means a bearish to bullish reversal.
There should be sharp gains after the recent declines, which will be recovered very soon.
On February 22, the first court hearing regarding XRP will take place, if positive information is published, the price will shoot up on the 1st target.
# 2 A drop even lower than the current "higher low" which I found in the last analysis :)
Less probable scenario ,but as real as possible.
Then we are waiting for a good time to go as low as possible with a stoploss of $ 0.59
I already took my xrp positions in place from my previous analysis of $ 0.71.
I believe that it was a very good move, and I will buy more if there will be further drops.
Comment and like,
greetings
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