RIPPLE, Waiting for confirmation signal to uptrend in XRPUSD

Technical analysis:
RIPPLE is in Range bound but Resumption of uptrend is expected.
The price is now below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 38 and is above RSI support level.

Trading suggestion:
Price is in the support zone (1.13 to 0.65), traders can set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (1.13)
.Ending of entry zone (0.65)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:

(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)

Take Profits:
1. First target is at 2.24
2. Second target is at 2.73
3. Third target is at 3.00
4. fourth target is at 3.51
5. without target

Bình luận:

New targets & new Buy zone..