XRP DUAL UPDATE
Left Chart is 1 Day Chart
Ideally, we would not want to be in a trade until the candle is above the BLACK LINE currently situated at 0.7203
But, there are many of us trapped under it... and we see a LOW of 0.5545 (which we are now roughly 7.2% higher than)
we could ultimately have a retest... be mindful. IT SHOULD BE THE BOTTOM...
ULTIMATELY ON THE DAILY... OUR FIRST TARGET IS 0.872 which is roughly 46.18% away from where we are at right now...
THIS IS FOR THOSE TRADING ON THE DAILY CHARTS...
Right Chart is the 4 Hour Chart...
And, it also has its own targets automatically listed...
THE FIRST HURDLE IS AT THE 0.236% FIB... 0.6117 Target and is at the black line...
IF RESISTANCE OCCURS... then it may drop back to double tap the 0.5545
BE MINDFUL, I do not see any other green targets below the 0.5545 and THIS LEADS ME TO BELIEVE IT IS BOTTOM.
THE 4 HOUR 50% LINE is at 0.6821 and generally, this is where we see a pullback (at the 50% line)
Near 0.7029 is the first 4 hour target.
BUT AGAIN, if you are lime me having gotten stuck in the trade (I wont sell until I am net positive) and a sell indicator is then involved.
OVERALL, I BELIEVE WE FOUND BOTTOM...
Left Chart is 1 Day Chart
Ideally, we would not want to be in a trade until the candle is above the BLACK LINE currently situated at 0.7203
But, there are many of us trapped under it... and we see a LOW of 0.5545 (which we are now roughly 7.2% higher than)
we could ultimately have a retest... be mindful. IT SHOULD BE THE BOTTOM...
ULTIMATELY ON THE DAILY... OUR FIRST TARGET IS 0.872 which is roughly 46.18% away from where we are at right now...
THIS IS FOR THOSE TRADING ON THE DAILY CHARTS...
Right Chart is the 4 Hour Chart...
And, it also has its own targets automatically listed...
THE FIRST HURDLE IS AT THE 0.236% FIB... 0.6117 Target and is at the black line...
IF RESISTANCE OCCURS... then it may drop back to double tap the 0.5545
BE MINDFUL, I do not see any other green targets below the 0.5545 and THIS LEADS ME TO BELIEVE IT IS BOTTOM.
THE 4 HOUR 50% LINE is at 0.6821 and generally, this is where we see a pullback (at the 50% line)
Near 0.7029 is the first 4 hour target.
BUT AGAIN, if you are lime me having gotten stuck in the trade (I wont sell until I am net positive) and a sell indicator is then involved.
OVERALL, I BELIEVE WE FOUND BOTTOM...