Goodday,
Dear Trader on the XRP/BTC 4H chart we can obviously see the Following confluence reasons;
1. Series of Retest on The Major Support Level, despite the predominant downtrend, we can only see a couple of fakeouts from the support, but it's still very much valid.
2. A range/consolidation in price currently, showing that the impulse of the Predominant Trend is getting weakened and might Turn out to be an impending reversal
3. Breakout and retest of a well respected Trendline, That combines to give a Descending triangle
Dear Trader on the XRP/BTC 4H chart we can obviously see the Following confluence reasons;
1. Series of Retest on The Major Support Level, despite the predominant downtrend, we can only see a couple of fakeouts from the support, but it's still very much valid.
2. A range/consolidation in price currently, showing that the impulse of the Predominant Trend is getting weakened and might Turn out to be an impending reversal
3. Breakout and retest of a well respected Trendline, That combines to give a Descending triangle
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.