XRP Sell a Break Setup.
Ripple - Intraday - We look to Sell a break of 0.749 (stop at 0.774)
Daily signals are mildly bearish.
0.753 has been pivotal.
A break of bespoke support at 0.750, and the move lower is already underway.
Reverse trend line support comes in at 0.755.
Our short term bias remains negative.
Our profit targets will be 0.685 and 0.665
Resistance: 0.780 / 0.800 / 0.820
Support: 0.750 / 0.730 / 0.700
Daily signals are mildly bearish.
0.753 has been pivotal.
A break of bespoke support at 0.750, and the move lower is already underway.
Reverse trend line support comes in at 0.755.
Our short term bias remains negative.
Our profit targets will be 0.685 and 0.665
Resistance: 0.780 / 0.800 / 0.820
Support: 0.750 / 0.730 / 0.700
Trade closed manually
Trade closed in 3% profit.
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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.
Related publications
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.