XRP/USDT, Bullish Pennant Formation in Progress
The chart displays a Bullish Pennant, signaling potential upward momentum. However, the price is currently rejecting near the upper trendline, indicating that the breakout may take some time.
Key Insights
1. The pennant structure remains intact, but consolidation might continue before a decisive breakout.
2. Watch for a confirmed breakout above the upper trendline before considering a long trade.
3. Once the breakout occurs, the target range is $2.8 to $3.0.
Patience is crucial as the price may test the trendline support or consolidate further before breaking out.
The chart displays a Bullish Pennant, signaling potential upward momentum. However, the price is currently rejecting near the upper trendline, indicating that the breakout may take some time.
Key Insights
1. The pennant structure remains intact, but consolidation might continue before a decisive breakout.
2. Watch for a confirmed breakout above the upper trendline before considering a long trade.
3. Once the breakout occurs, the target range is $2.8 to $3.0.
Patience is crucial as the price may test the trendline support or consolidate further before breaking out.
註釋
You all shouldn't have a doubt. I Mentioning again that we will look for a long and this setup will get valid only after the Xrp Breakout from the trendlines. Otherwise this setup will go Invalid. 🙌註釋
How is right now ! Stack your Profits. XRP kissing $3
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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。