XRPUSDT is trying to have a breakout from a descending triangle
Updated
XRPUSDT is trying to have a breakout from a descending triangle. The price is between weekly structures. IF the price will have a breakout from the resistance and retest it as new support, we can add to our watchlist and wait for apply our rules, otherwise, if the price will lose the weekly support, we can look for a short position
–––––
Follow the Shrimp 🦐
Keep in mind.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <4h structure.
Comment
The price is following my arrow. Very nice profit so farComment
After a breakout, the price is creating a descending channel. Wait for the next breakout Comment
Nice profits so far in Vip Group.the price is testing an important 4h resistance right now 👀
Related publications
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.