XRP CORRECTION
1. How do I know it's a correction?
Corrections often happen when the price action of a security is too intense to keep going that way.
The signals I saw since 3.15 are the following:
-The rally was, in fact, a stair step pattern, bouncing each time it touched the trend (in sky blue) to make new highs and breaking the RSI 70.
-Volume was decreasing as the trend weakened.
- The price action struggled to keep the trend.
2. Buy zone
I'd start buying between 2.45-2.81, but it may touch the second blue sky trend to bounce (on 2.7ish)
Corrections often happen when the price action of a security is too intense to keep going that way.
The signals I saw since 3.15 are the following:
-The rally was, in fact, a stair step pattern, bouncing each time it touched the trend (in sky blue) to make new highs and breaking the RSI 70.
-Volume was decreasing as the trend weakened.
- The price action struggled to keep the trend.
2. Buy zone
I'd start buying between 2.45-2.81, but it may touch the second blue sky trend to bounce (on 2.7ish)
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.