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Technical analysis by mstmehmood about Symbol XRP: Sell recommendation (7/31/2023)

https://sahmeto.com/message/232890
mstmehmood
mstmehmood
Rank: 14622
1.5
Sell،Technical،mstmehmood

XRPUSD - Non-trending Market Trade This time I've attempted to place a sell stop in a non-trending market based on support and resistance levels. I've identified 3 levels of support and 3 levels of resistance using the same methodology as the previous idea. The entry point was a little below S2 and stop loss was configured slightly above S1. The calculation of profit levels and risk level has been the same since I started. Let's see how this one plays out.

Translated from: English
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Signal Type: Sell
Price at Publish Time:
$0.70482
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