XRP/USDT (Bearish Warning Sign?)
💎Technical Analysis Summary💎
BINANCE: XRPUSDT
-XRP potentially broke its neckline of support for this H&S pattern
-If the Bears can send more follow-through in the coming hours or days
-The potential next area of support is located around $0.48
-That is like a -20% downside move, it is a long process if it will happen though
-So I'm giving this as a warning sign because we need to look at both scenarios
-But if you are looking for a Bullish setup
-XRP must regain above the neckline support and consolidate
-So please, always have a trading plan, know when to exit, take profit, and not trade
⚠️Please always read the description before commenting⚠️
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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!😊💕💖
``````````````````````````````````````````````
BINANCE: XRPUSDT
-XRP potentially broke its neckline of support for this H&S pattern
-If the Bears can send more follow-through in the coming hours or days
-The potential next area of support is located around $0.48
-That is like a -20% downside move, it is a long process if it will happen though
-So I'm giving this as a warning sign because we need to look at both scenarios
-But if you are looking for a Bullish setup
-XRP must regain above the neckline support and consolidate
-So please, always have a trading plan, know when to exit, take profit, and not trade
⚠️Please always read the description before commenting⚠️
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
``````````````````````````````````````````````
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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Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ 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.