short term bearish on xrp
short term bearish on xrp because=
- xrp is in a giant wedge and support line has been tested for quite some time
- retracement fib level of 0.618 may be broken in a attempt to test the bottom of the wedge pattern
- there is a supply zone sitting in between 0.618 and 0.786 retracement fib levels.
- a wedge has formed on the hourly time frame too which is not showing bullish volume or rsi to support a move to the upside.
- I expect xrpusdt to test 0.77 for these reasons.
- finally fud about crypto has not cleared up yet so you can see where i im going with.
stay save and have fun.
- xrp is in a giant wedge and support line has been tested for quite some time
- retracement fib level of 0.618 may be broken in a attempt to test the bottom of the wedge pattern
- there is a supply zone sitting in between 0.618 and 0.786 retracement fib levels.
- a wedge has formed on the hourly time frame too which is not showing bullish volume or rsi to support a move to the upside.
- I expect xrpusdt to test 0.77 for these reasons.
- finally fud about crypto has not cleared up yet so you can see where i im going with.
stay save and have fun.
註釋
Whatsmore is that the Dollar index looks stronger and the head and shoulders it was forming has been invalidated
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。