XRP in Ascending Triangle.
Hey! I am back with another Crypto idea this time looking at XRP.
The price of XRP is currently in ascending triangle which is a bullish pattern.
Price needs to break $0.2460, which is our current resistance, by a full 4H in order to break to $0.2520 - $0.2550 Area.
Ideal buy is on the 4H 50EMA, that is acting as a support line.
I am buying in the resistance area we are in, $0.2432 - $0.2460.
My stop loss will be hit, when the uptrend line of this ascending triangle gets broken.
Take profit area is $0.252 - $0.255 (Around 5%)
Let me know what you think about XRP!
Tibor
The price of XRP is currently in ascending triangle which is a bullish pattern.
Price needs to break $0.2460, which is our current resistance, by a full 4H in order to break to $0.2520 - $0.2550 Area.
Ideal buy is on the 4H 50EMA, that is acting as a support line.
I am buying in the resistance area we are in, $0.2432 - $0.2460.
My stop loss will be hit, when the uptrend line of this ascending triangle gets broken.
Take profit area is $0.252 - $0.255 (Around 5%)
Let me know what you think about XRP!
Tibor
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.