Hello
Wise men once told me that "the simplest solution is most likely the right one".
When learning technical analysis there is some ground base theory that should be known. Namely Elliott Wave theory and The Wyckoff method.
Following the later we can speculate that XRP is in classic accumulation phases.
If it reach back into is 2018 - 2019 trading range I expect the price of XRP to go much higher in the future.
I link The schematic #1 for comparison and I left a link below to a complete description of the theory. It should be a nice addition to your analysis kit.
https://school.stockcharts.com/lib/exe/fetch.php?media=market_analysis%3Athe_wyckoff_method%3Awyckoffaccumulation.png
This analysis is only my own opinion and should not be considered as investing advice.
Halv a nice day.
school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Wise men once told me that "the simplest solution is most likely the right one".
When learning technical analysis there is some ground base theory that should be known. Namely Elliott Wave theory and The Wyckoff method.
Following the later we can speculate that XRP is in classic accumulation phases.
If it reach back into is 2018 - 2019 trading range I expect the price of XRP to go much higher in the future.
I link The schematic #1 for comparison and I left a link below to a complete description of the theory. It should be a nice addition to your analysis kit.
https://school.stockcharts.com/lib/exe/fetch.php?media=market_analysis%3Athe_wyckoff_method%3Awyckoffaccumulation.png
This analysis is only my own opinion and should not be considered as investing advice.
Halv a nice day.
school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
交易進行
Buy the dip.
交易進行
the price is currently on the 0.76 Fibonacci retracement level.
a daily close below it and I will have to exit the position.
交易結束：達到停損點
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。