XRP Wait โ for breakout ๐๐ฅ๐๐ฅ๐
Hi dear traders
As you saw in the previous analysis in 4H time frame , the price broke the bearish wedge and came back to retest.
Now you can see in 1H time frame, the price dropped to the support area of โโ0.3855 and we can expect H&S pattern.
After breaking the neckline, I expect the price to go down to the support area of โโ0.3737, which is the first target.
If the price tests the support area (0.3855 ) as resistance, the price will bounce back to the 0.3512 support area.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
As you saw in the previous analysis in 4H time frame , the price broke the bearish wedge and came back to retest.
Now you can see in 1H time frame, the price dropped to the support area of โโ0.3855 and we can expect H&S pattern.
After breaking the neckline, I expect the price to go down to the support area of โโ0.3737, which is the first target.
If the price tests the support area (0.3855 ) as resistance, the price will bounce back to the 0.3512 support area.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
์ฝ๋ฉํธ:
Breakout done
์กํฐ๋ธ ํธ๋ ์ด๋
์ฝ๋ฉํธ:
Tp1 0.3737 hit ๐ฏ
์ฝ๋ฉํธ:
Now the price is going to test support as resistance, if not breakout, then fall to support area near 0.355
