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Technical analysis by SMShehab about Symbol XRP: Buy recommendation (8/15/2023)

https://sahmeto.com/message/235133
SMShehab
SMShehab
Rank: 16065
1.4
Buy،Technical،SMShehab

Falling Wedge complete with good structure, target .80 zone.- High risk of drawback to 0.63 after 0.80 zone is hit- This ties back to the Macro Structure, Wave E Triangle that is expected to play out before we see exponential upside targets.Failed Trade Idea on lower timeframes, unreliable, will be sticking to the macro analysis / investment positions.

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Signal Type: Buy
Price at Publish Time:
$0.60902
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