XRPShort
XRP squeezing down
Overview:
Dominant trend (May to present): Not well-defined. No strong bias until Dec 12, 2017 when prices rocketed higher, topping out at 3.35 before pulling back to as low as 0.84.
Short-term trend: Bearish since mid-January.
1st support @ 1.15
1st resistance @ 1.63
Symmetrical Triangle (continuation signal) has formed and volume is dropping.
A break below the triangle would be reason to believe that the bear-trend is continuing.
A break above the triangle would need to be followed by higher-highs and higher-lows before a trend reversal could be confirmed.
Dominant trend (May to present): Not well-defined. No strong bias until Dec 12, 2017 when prices rocketed higher, topping out at 3.35 before pulling back to as low as 0.84.
Short-term trend: Bearish since mid-January.
1st support @ 1.15
1st resistance @ 1.63
Symmetrical Triangle (continuation signal) has formed and volume is dropping.
A break below the triangle would be reason to believe that the bear-trend is continuing.
A break above the triangle would need to be followed by higher-highs and higher-lows before a trend reversal could be confirmed.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.