Ripple, price on resistance & trendline
Ripple is around a strong S/R level (between .19300 and .19900). Now the price has two possibilities: or it bounces down again and retest the previous support level (.15000 - .14450) or it breaks the resistance and the trendline higher. In the second case, the bearish trend could be considered as finished and it could start a new strong bullish trend.
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes
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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.
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.