Market

XRP/USDT potential triangle, work plan for BINANCE:XRPUSDT by Greenload

greetings to all friends, analysis on the movement of the price of the XRP coin.
I made a work plan on May 1 and uploaded it to Telegram, since the probability of this scenario increased with the exit from the break zone, I would like to share it with you. The original plan is here :

if we do not hold the nearest local support of 1.33, we can expect a rebound from the 1.18-1.25 zone as part of the formation of the “Symmetrical Triangle” pattern ,it is also worth noting that this zone is just below the 200-day MA, which only increases the chances of a buy-off. If we see the asset anchoring above the break zone, we can expect an attempt to anchor above the previously marked resistance zone . And the continuation of the upward trend.
BTC /XRP –
The growth is also indicated by the cup and handle formation on the chart to bitcoin

if we go beyond the handle area up and gain a foothold, we can expect a strong bullish trend .
So Friends, I advise you to keep, buy, and buy more of this asset! Nearest goals on the chart, long-term from$5

Consider the risks when working with this asset, do not enter into a deal for a large part of the depot!🙌

If you liked this idea, put 👍, write what you think about this analytics in the comments, subscribe ✔, thank you for your attention.🔥😉

Most Related Links :
Business News Governmental News Finance News

Source link

Back to top button