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XRPUSD W1: XABCD 40% correction NEXT (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup ::: XRPUSD weekly chart review / outlook ::: very limited upside from here ::: XABCD setup in progress point C ::: completes soon near 23.50 cents ::: 40% correction possible/likely from C ::: so just be careful don't get on wrong side ::: key resistance: 23.50c ::: key support level: 12-13 cents ::: recommended strategy: SHORT IT 23.50 ::: SL 5% TP 40% ::: good luck traders 🔸 Supply/Demand Zones ::: fresh supply N/A ::: fresh demand: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION ::: Sentiment outlook short-term: BULLS
hey bro great idea, one thing i would be aware on is xrp has major distribution at 0.23 0.24 0.26, they need 0.23 to break so that bullish moment can break 0.35 offically putting xro out of bear market