cryptovatsik

Ripple flush then reclaim range EQ - Game On

Alış
CRYPTO:XRPUSD   XRP
XRP has been ranging, like it or not, for the past few months. Blue range high and low signify the parameters price has respected and I do not expect this to change.

What I would expect, is a potential flush into the deman zone (green) preceeding a push up to the mid-range with a reclaim and push to the range high.

This is contingent on the fact the altcoin market, as a whole, remains steady and relatively strong ie: no BTC/ETH cap events.

Ripple loves flushing the lows before pumping, so this is a cautious play I am watching. The more optimistic scenario is we don't flush into green and simply continue this trend up the the range eq and highs.

Time will tell, price current making a decision on the local S/R in red.

Stay frosty.

Vatsik

Vatsik
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.