Hello,
Today I will take a look at the XRP / USDT pair on Binance 4h timeframe. The demand zone is around $0.37 (the strongest around $0.35), and the supply zone is around $0.39. I can spot the falling wedge trading pattern, which normally results in an uptrend movement if it comes from an uptrend direction. $0.37 is a good buy setup. I expect the first target to be $0.39 and the second target to be $0.41. If the opposite occurs, we can expect downward momentum (bearish scenario) and a price of $0.35.
Enjoy & have an amazing day!
BF
Today I will take a look at the XRP / USDT pair on Binance 4h timeframe. The demand zone is around $0.37 (the strongest around $0.35), and the supply zone is around $0.39. I can spot the falling wedge trading pattern, which normally results in an uptrend movement if it comes from an uptrend direction. $0.37 is a good buy setup. I expect the first target to be $0.39 and the second target to be $0.41. If the opposite occurs, we can expect downward momentum (bearish scenario) and a price of $0.35.
Enjoy & have an amazing day!
BF
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
