ShawnMCR

XRPUSDT - Can we break this resistance? or back to lower prices?

BINANCE:XRPUSDT   XRP / TetherUS
We're testing a resistance right now,
There are 3 support areas which can hold the price in case we have a correction, but if we break this resistance area the price can go so much higher. I'll update this idea once we touch the first TP.
for opening long positions: wait for a confirmation and closure of a 4H candle above the resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.