XRP/USD-4 Hour analysis
Hello everybody!
-On a 4-hour time frame, we can see that the price is moving within the descending channel and we can see that the price is approaching near the resistance line of a descending channel.
-We can expect a breakout or rejection and then bearish movement!
-The price is not much volatile so we have a controlled movement.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
-On a 4-hour time frame, we can see that the price is moving within the descending channel and we can see that the price is approaching near the resistance line of a descending channel.
-We can expect a breakout or rejection and then bearish movement!
-The price is not much volatile so we have a controlled movement.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
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