🔥 XRP TRENDS. AFTERNOON TA 🔥
🔥 Good afternoon Ladies and Gentlemen, thanks for allowing me to take up some of your time and share some quick thoughts as always. Feel free to like and share or follow to keep tuned as well per usual.
🔥 Today's notes will be short and concise to put it simply, we outlined most of what was needed in yesterday's idea which will be linked below if anyone would like to check it out. Anyway, here's yesterday's idea chart for the before and after:
🔥 In yesterday's chart we saw how XRP slid down to the horizontal level which I'd had at 0.47420 and I highlighted a new descending channel in green. Now here's the current:
🔥 Can see how we've manage to recover our price after hitting that 0.47420 support though we've failed to breach 0.485 and in the process failed to regain that 200 on the 15 minute. Now here's my 3 minute chart which should be noted:
🔥 I've marked up this new ascending channel that's formed overnight and I annotated the point we failed to breach as well as the fact that it seems like we may possibly be losing the 200 again after having exited from our ascending channel though definitely hope we can find support sooner than later.
🔥 I said this would be short and concise so that's it for now but if we end up retracing all the way back down then definitely watch 0.47420 for support and so on refer to my horizontal levels. Thanks for tuning in and allowing me to share today, wishing all the best as usual and feel free to like or follow for more.
~ Rock '
🔥 Today's notes will be short and concise to put it simply, we outlined most of what was needed in yesterday's idea which will be linked below if anyone would like to check it out. Anyway, here's yesterday's idea chart for the before and after:
🔥 In yesterday's chart we saw how XRP slid down to the horizontal level which I'd had at 0.47420 and I highlighted a new descending channel in green. Now here's the current:
🔥 Can see how we've manage to recover our price after hitting that 0.47420 support though we've failed to breach 0.485 and in the process failed to regain that 200 on the 15 minute. Now here's my 3 minute chart which should be noted:
🔥 I've marked up this new ascending channel that's formed overnight and I annotated the point we failed to breach as well as the fact that it seems like we may possibly be losing the 200 again after having exited from our ascending channel though definitely hope we can find support sooner than later.
🔥 I said this would be short and concise so that's it for now but if we end up retracing all the way back down then definitely watch 0.47420 for support and so on refer to my horizontal levels. Thanks for tuning in and allowing me to share today, wishing all the best as usual and feel free to like or follow for more.
~ Rock '
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