ThinkingAntsOk

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

Long
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.

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Comments

Please take a look at our idea and let us know what you think!

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