XRP - History Repeating Itself...

Nov 28, 2024

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📔I find the XRPUSDT 4H chart interesting.

Do you notice a pattern here?

Take a look at the first two red arrows.

📊Mid-November, XRP made a lower low (red arrows), got stuck within a range (green zone), and finally broke above the green zone to start its bullish impulse.

Currently, XRP seems to be forming a similar pattern.

🔄 If history repeats itself, a break above the green zone around $1.53 is needed to signal the start of the next bullish movement.

🎯Once the setup is activated, I will target the $2 mark!

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Nov 29, 2024

Trade active

Nov 30, 2024

Trade closed: target reached