So the chart is pretty clear. XRP doing what the probabilities say it would however major points to watch for:
1) If the green support is broken there are 3 levels of price action to look at inorder to determine a trend down. I usually use a 16 candle count to confirm a trend and look at each support line to determine a reversal or continuation.
Following the set up along with price action determinants, you should have a pretty clear picture to make some good trades.
Thank you for reading and feel free to leave any comments!
1) If the green support is broken there are 3 levels of price action to look at inorder to determine a trend down. I usually use a 16 candle count to confirm a trend and look at each support line to determine a reversal or continuation.
Following the set up along with price action determinants, you should have a pretty clear picture to make some good trades.
Thank you for reading and feel free to leave any comments!
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.