Hi! This is my first post here, also first time publishing idea on TradingView (Apologies if ideas aren't accurate/wrong as i'm still new and still learning, any advice are welcomed!).
As you see from the day graph of XRP/BTC, currently, they are forming a symmetric triangle.
The current trend is still bearish.
In my opinion, there could be a breakout around 14 of April, so a buy on green box area.
The nearest support level is the first green line at around 0.0000617.
The nearest resistance level is on the first red line at around 0.000077.
RSI also forming a symmetric triangle
Comments are appreciated! Thanks!
Disclaimer: This is not a financial advice.
As you see from the day graph of XRP/BTC, currently, they are forming a symmetric triangle.
The current trend is still bearish.
In my opinion, there could be a breakout around 14 of April, so a buy on green box area.
The nearest support level is the first green line at around 0.0000617.
The nearest resistance level is on the first red line at around 0.000077.
RSI also forming a symmetric triangle
Comments are appreciated! Thanks!
Disclaimer: This is not a financial advice.
Comment:
*Triangles, not symmetric triangle.