XRP/USDT (Testing Key 0.5 Fib Level)
💎Technical Analysis Summary💎
BINANCE: XRPUSDT
-XRP is trading between 0.5 Fib level, where the Bulls and Bears are fighting
-This is a no-trade zone because we can not determine our short term bias
-I recommend waiting for proper breakout direction to have a proper risk to reward ratio
-Please do not force a trade if it is not part of your trading system
-Waiting for a better market structure will always increase your accuracy
-Keeping it simple, if XRP can hold above 0.5 Fib, bias will turn to Bullish
-But a failure below 0.5 Fib will increase the Bearish potential to retest the 0.5$ or lower
⚠️Please always read the description before commenting⚠️
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BINANCE: XRPUSDT
-XRP is trading between 0.5 Fib level, where the Bulls and Bears are fighting
-This is a no-trade zone because we can not determine our short term bias
-I recommend waiting for proper breakout direction to have a proper risk to reward ratio
-Please do not force a trade if it is not part of your trading system
-Waiting for a better market structure will always increase your accuracy
-Keeping it simple, if XRP can hold above 0.5 Fib, bias will turn to Bullish
-But a failure below 0.5 Fib will increase the Bearish potential to retest the 0.5$ or lower
⚠️Please always read the description before commenting⚠️
A big Thanks for donating 💰 via Tradingview coins this week to didogetsov 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
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➡️ t.me/kryptosignaltrade
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➡️ t.me/PolarHusk
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.