XRP possible reversal double bottom here at this pivot line. Yes, we're chopping & consolidating, but this looks like a nice Risk/Reward trade from this old resistance now new support level, targeting that DTL of this Pennant. 200MA has been backtested and is catching up.
Clean & simple. Remember, there's also direction and patterns forming in the chop. 😉
Clean & simple. Remember, there's also direction and patterns forming in the chop. 😉
Trade active
Nice 15% Push Up with expanding volume! Now the price action is consolidating in an intraday bull flag above short-term support 1.00 psych level. Tasty swing so far! 😉
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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.