Δημοσίευση
Trisha_Saha
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XRP Bullish Setup – AB=CD Pattern on 1H Timeframe!🧐
$XRP
{spot}(XRPUSDT)
{future}(XRPUSDT)
XRP is in a strong uptrend, showing no bearish signs, and currently forming a classic AB=CD pattern on the 1-hour timeframe. This pattern is a well-known harmonic structure that often leads to a continuation of the trend!
Key Technical Insights:
🔹 AB=CD Pattern Completion: Price is approaching the 0.618 Fibonacci retracement zone.
🔹 No Bearish Signs: Momentum remains bullish, with increasing volume.
🔹 Confluence Support: The 0.618 FIB level aligns with previous demand zones, increasing the probability of a bounce.
Trading Plan:
Entry: Around the 0.618 FIB level, Price is 2.65
🔹 Targets: TP at 2.88
🔹 Stop-Loss: Below structure 0.5 FIB level, Price is 2.6
What do you think? Will #XRP respect the AB=CD pattern and continue higher? Drop your thoughts in the comments!
Like & Follow for more high-probability trade setups!
{spot}(XRPUSDT)
{future}(XRPUSDT)
XRP is in a strong uptrend, showing no bearish signs, and currently forming a classic AB=CD pattern on the 1-hour timeframe. This pattern is a well-known harmonic structure that often leads to a continuation of the trend!
Key Technical Insights:
🔹 AB=CD Pattern Completion: Price is approaching the 0.618 Fibonacci retracement zone.
🔹 No Bearish Signs: Momentum remains bullish, with increasing volume.
🔹 Confluence Support: The 0.618 FIB level aligns with previous demand zones, increasing the probability of a bounce.
Trading Plan:
Entry: Around the 0.618 FIB level, Price is 2.65
🔹 Targets: TP at 2.88
🔹 Stop-Loss: Below structure 0.5 FIB level, Price is 2.6
What do you think? Will #XRP respect the AB=CD pattern and continue higher? Drop your thoughts in the comments!
Like & Follow for more high-probability trade setups!
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