XRPUSD double fibonacci pattern Long
XRP / TetherUS PERPETUAL CONTRACTBinance
Description
⋅ CRYPTOCAP:XRP perform a nice bullish wave at previous analysis and still follow fibonacci rules.
We have 2 setup here :
Setup 1 :
ABCD pattern with entry at $0.6021
Stoploss at $0.5616
Target at $0.8333
Risk reward ratio : 6.78
Setup 2 :
Harmonic pattern with entry at $0.6021
Stoploss at $0.5661
and target at $0.7177
Risk reward ratio : 3.44
Good luck