Cryptolini881

Set up to follow for XRP

BITFINEX:XRPBTC   XRP / Bitcoin
So the chart is pretty clear. XRP doing what the probabilities say it would however major points to watch for:

1) If the green support is broken there are 3 levels of price action to look at inorder to determine a trend down. I usually use a 16 candle count to confirm a trend and look at each support line to determine a reversal or continuation.

Following the set up along with price action determinants, you should have a pretty clear picture to make some good trades.

Thank you for reading and feel free to leave any comments!

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.