XRP/USDT (Test the Daily Swing Top?)

💎Technical Analysis Summary💎


BINANCE: XRPUSDT


-After closing above the 0.5 Fib resistance level
-XRP continues its upward movement and approaching near swing top resistance
-Though there is still an upside potential increase
-Going long is not a good idea due to poor risk to reward ratio
-You don't have a proper stop loss location at the current market structure
-But if you want to play the shorter time frame
-You may look for potential entries on the 4H - 1H - 15min time period
-The game is to have a good risk to reward ratio
-Because if you are wrong, you only lose small but your reward is twice the risk



A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉

``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````