Current Market Structure:
#XRP is in a downtrend and has recently broken a key support level, signaling potential further downside. However, a Bullish Harmonic Pattern is forming on the 4H timeframe, which could indicate a possible trend reversal.
Key Technical to Watch:
🔹 Bearish Scenario: If #XRP continues to reject resistance and fails to reclaim lost support, the bearish trend may continue toward the next key levels.
🔹 Bullish Scenario: A bullish divergence on the 1H or 4H timeframe could trigger an upward move, forming new higher highs (HHs) and higher lows (HLs).
Trade Setup:
🔹 Short Position: If price stays below resistance & rejection continues.
🔹 Long Position: If bullish divergence confirms & price reclaims lost levels.
Big Move Expected – Watch Closely!
What’s Your Bias? Bullish or Bearish? Comment Below!
#XRP #Crypto #Trading #HarmonicPattern #TechnicalAnalysis #CryptoTrading
#XRP is in a downtrend and has recently broken a key support level, signaling potential further downside. However, a Bullish Harmonic Pattern is forming on the 4H timeframe, which could indicate a possible trend reversal.
Key Technical to Watch:
🔹 Bearish Scenario: If #XRP continues to reject resistance and fails to reclaim lost support, the bearish trend may continue toward the next key levels.
🔹 Bullish Scenario: A bullish divergence on the 1H or 4H timeframe could trigger an upward move, forming new higher highs (HHs) and higher lows (HLs).
Trade Setup:
🔹 Short Position: If price stays below resistance & rejection continues.
🔹 Long Position: If bullish divergence confirms & price reclaims lost levels.
Big Move Expected – Watch Closely!
What’s Your Bias? Bullish or Bearish? Comment Below!
#XRP #Crypto #Trading #HarmonicPattern #TechnicalAnalysis #CryptoTrading
交易進行
Trade is active and in Profit. 手動結束交易
Please close the trade manually, as I believe XRP may form a bullish divergence and trend upward.註釋
TP Hit
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