Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LET'S GO XRP
As we can see price is still overall bullish trading inside this rising broadening wedge pattern.
Then as we mentioned previously in our analysis attached, as the price will be approaching our support zone lining up with a rising trendline, where we will be looking for new longs.
Moreover, price is sitting around this area, then we will be zooming into lower time frame and we will be looking for any bullish reversal pattern like double bottom or trendline break.
Until that price can still dive more lower inside our support, before a new impulse wave to be started.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
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.