ThinkingAntsOk
Long

"Top and Bottom Analysis" XRP/USD (Ripple) by ThinkingAntsOk

BITFINEX:XRPUSD   XRP / U.S. Dollar
4H CHART EXPLANATION:

- Price bounced on the Major Support Zone and broke the Descending Trendline .
- It is, now, at a Support Level .
- We expect price to build a Bullish Corrective Structure around this zone and, then, go up.
- If price breaks the Descending Trendline at 0,486, it has potential to move up towards the Resistance Zone at 0,75.

We are looking for buy setups on lower timeframes.

MULTI TIMEFRAME VISION:

-Weekly
-Daily
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@Safe_Signal, nice trade! If you ask us our opinion about the next movements XRPUSDT may take, here is our 4 hour vision. It is very similar to XRPUSD. Hope you like it.

4H CHART EXPLANATION:

- Price bounced on the Major Support Zone and broke the Descending Trendline .
- We expect price to build a Bullish Corrective Structure around this zone and, then, go up.
- If price breaks the Bearish Corrective Structure, it has potential to move up towards the Resistance Zone.

Reply
Safe_Signal ThinkingAntsOk
@ThinkingAntsOk, Thank you for your comment.

Here is the next waves of XRP

Reply
@Safe_Signal, Nice!! That coincides exactly with our perspective.
Reply
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