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MMBTtrader
Apr 5, 2021 3:48 PM

XRPUSD time to make decision ready to fly or not strong enough?ย 

XRP / U.S. dollarBitstamp

Description

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We talked a lot about XRPUSD and open so many long position on it and targets reached :
from the beginning of this uptrend that started with breaking trendline :


and different patterns that were formed and we talk about them all:


and now we are looking for breakout .
if we had breakout to the upside we would expect targets that all shown on chart :
Targets :
A. 0.94
B. 1.08

and for sure on this strong resistance zone we may expect some correction too so we consider it and shown with red arrow .

we consider both possible scenarios here .

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like๐Ÿ‘ if you enjoy๐Ÿ’š>>

careful look at all previous analysis on xrpusd that linked below and they have many educational lessons that shown study them carefully.

Comments
Babenski
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nice ...here we start looking for sell
Philip-cotler
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Good idea
Philip-cotler
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Good analysis
matador22
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Is Target 1.40 good?
MMBTtrader
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@matador22, yes and 1.18 is good target too
matador22
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@MMBTtrader thank you
Investroy
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Fly high non-stop my man๐Ÿš€
MMBTtrader
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@Investroyllc, yes and thanks
Trading2ez
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FLY HIGH! Nice analysis =)
MMBTtrader
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@Trading2ez, thanks a lot dear
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