💥 XRP TUG A WAR TA! IMPORTANT 💥
⚡️Alright quick XRP morning TA over here for you guys,
⚡️XRP has managed to stay above our 0.3269 line since facing and overcoming the selling we dealt with after that head and shoulders formed which has been positive to see. Only one candle wick's end has touched that line and it didn't close on the line either, simply touched it.
⚡️So that should be considered a pretty good point to watch for in case we come down to that or hit it again and want to look for some short term support. Anyway let's just cut to the chase and what's up right now. XRP is dealing with a tug a war situation again based on the relatively sideways trading.
⚡️We've already seen this happen before a few times and it's important whether or not we close down or up, whichever way we lean towards is gonna have the advantage and will likely win the next big move. When it comes to short short term support 0.327 is that lowest recent candle in this sideways trading channel we've got going on so we move below that and it's likely that the bears get the upper hand and vice versa should we stick above the sideways channel that's highlighted.
⚡️I've simplified this and all for you guys so gonna leave the idea there but wishing well as always, be sure to do your proper DD before making any trading decisions and have a great day!
~ Rock '
⚡️XRP has managed to stay above our 0.3269 line since facing and overcoming the selling we dealt with after that head and shoulders formed which has been positive to see. Only one candle wick's end has touched that line and it didn't close on the line either, simply touched it.
⚡️So that should be considered a pretty good point to watch for in case we come down to that or hit it again and want to look for some short term support. Anyway let's just cut to the chase and what's up right now. XRP is dealing with a tug a war situation again based on the relatively sideways trading.
⚡️We've already seen this happen before a few times and it's important whether or not we close down or up, whichever way we lean towards is gonna have the advantage and will likely win the next big move. When it comes to short short term support 0.327 is that lowest recent candle in this sideways trading channel we've got going on so we move below that and it's likely that the bears get the upper hand and vice versa should we stick above the sideways channel that's highlighted.
⚡️I've simplified this and all for you guys so gonna leave the idea there but wishing well as always, be sure to do your proper DD before making any trading decisions and have a great day!
~ Rock '
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.