There are big probability that the price will hit 0,43, because XRP move down and Volume decreasing, it's a signal that big players don't want to hold the price.
For them will be profitable to open a Long at lower price, like $0.43 Also, near $0,43 will be low predictable risk and potential move to $0,62 or $0,79.
+ take a look how many times the price bounced from $0.49. It shows that big players has interest in that level plus daily candle close under that level, it's a signal to open a Short.
I recommend to open a short- term sell near $0.49 with low risk and goal $0,44
P.S. Push Like and Subscribe if you want to see more signals in the future.
コメント
⋅
close all shorts if H4 candle will close upper $0,4969
コメント
⋅
You can hold Short. Price didn't close upper key level $0,4969 that means $0,43 goal is still proper
Brother I have been trading since past two years now, I don't take volume in my decision making, coz I don't fully understand it, can you please write an educational idea on Tradingview. That would be really helpful.
Xenofon
⋅
First of all i nice analysis..,second i would like to know why you are shorting xrp.Good news have been published lately..i do not say that you are wrong but the things in ripple are in turning point..
@XenofonAkrs, because Price don't show respect to that news. Also, i can open a position near key level, because near it I can calculate my risk.
Xenofon
⋅
@YuriyBishko, hmm i understand,the price had a little jump because of btc,but the btc bulls achieved to sustain those levels so all i can expect is to drag the price near 6800$ if that's gonna happen then the ripple will move above 0.50$ and the thinks will change,also the preparation of the
"pump" with those news is set..just my opinion thanks for the answer