MMBTtrader

XRPUSD soon breakout and rise ?

Длинная
Red and strong falling trendline is touching again and again soon we may expect breakout and huge rise after that is expected.
why ?
beacuse each time sellers are getting weaker and weaker .

As we talked about this support zone that is shown with green rectangle is 0.5% OF Fibonacci too and second green rectangle is 0.61% of Fibonacci and both are strong support zone .

Notice : if second one break then bearish market will lead but technically as we can see soon we should expect breakout to upside and start of rise .

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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