Golb

Xrp long

Long
$xrp made its way down to the blue highlighted zone as epected. Traded beautifully in and around it, there is a reason I highlighted this zone.

If you look on the daily chart, the daily candle closed just above it with a slight deviation below. This tells me there is sensitivity at those levels.

There are clearly marked areas to watch for signs of a reversal that would take the market to my upside target 0.22

I am still watching price, waiting for it to tell me it's ready to move higher. If you look at my previous posts, you can see I experience minimal drawdown on my entries. This is due to patience and only entering when the market is ready to move.
$xrp is trading and cleaner than other crypto pairs at the moment, but $ltc has a bigger trading range. I will post a breakdown later.

Leave any questions in the comments below.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.