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ProjectSyndicate
26 Th01 2022 14:02

XRPUSD D1: STAGE2 DUMP 50%: SHORT IT exit 35c(SL/TP)(WARNING) Giá xuống

XRP / US DollarBinance

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XRPUSD D1: STAGE2 DUMP 50%: SHORT IT exit 35c(SL/TP)(WARNING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect CORRECTION
until 35 cents / end of February 2022.


🔸 Summary and potential trade setup
::: XRPUSD daily chart review
::: heavy resistance overhead and
::: complex corrective structure
::: also a sequence of LOWER HIGHS
::: measured move correction
::: final TP BEARS is 35 cents
::: limited upside from here
::: BULLS stay out until correction is over
::: BEARS can short from overhead resistance
::: upside capped by 75 cents
::: only valid trades on SELL SIDE NOW
::: until end of February 2022
::: shorting near range highs makes sense
::: 75 cents is heavy resistance / SHORT IT
::: TP BEARS is re-test of 35 cents
::: recommended strategy: SHORT 75 cents / RIPS
::: good luck traders!
::: SHORT HIGH and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: CORRECTION/35 cents
::: Sentiment outlook short-term: BOUNCE/MAX OUT 75C

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Bình luận
norve11

BUY at bottom for a potential to $1 area - not trading advice
ProjectSyndicate
@norve11, alright be careful though
norve11
@ProjectSyndicate, will do, thank you.
Solldy
Good content💪
MarsSignals
Bearish first. Great chart.
jojofang0901
could continue the bearish trend down more thx
UnitedSignals
Thank you for your analysis!
cr1usa
Hi, been following for a while, you do great work. You sure on this call? Everyone else is calling up from here. Realistically I want a .35 XRP… I will load the truck!
cr1usa
@cr1usa, I have to say good call!
MattiasCrypto1996
Wish it would happen, but I doubt it, great analysis though
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