XRP setup
Setup for XRP.
Zooming out we broke the recent low's but if price action can come back inside, it will create a nice deviation outside of the range low and be very bullish, marking the bottom.
Zooming in here on the lower time frame, we see a possible inverse head and shoulders. Need to create a new higher low and the right shoulder, which would make for a good entry.
An alternative option would be to wait for the breakout and then long the retest. Getting a break out here and a decent retest could mean that we are then trading above the ichimoku cloud and enter a new bullish trend.
Zooming out we broke the recent low's but if price action can come back inside, it will create a nice deviation outside of the range low and be very bullish, marking the bottom.
Zooming in here on the lower time frame, we see a possible inverse head and shoulders. Need to create a new higher low and the right shoulder, which would make for a good entry.
An alternative option would be to wait for the breakout and then long the retest. Getting a break out here and a decent retest could mean that we are then trading above the ichimoku cloud and enter a new bullish trend.
Not
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.