XRPUSD W1: XABCD 40% correction NEXT (SL/TP)(NEW)

Why get subbed to to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates

XRPUSD W1: XABCD 40% correction NEXT (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: XRPUSD weekly chart review / outlook
::: very limited upside from here
::: XABCD setup in progress point C
::: completes soon near 23.50 cents
::: 40% correction possible/likely from C
::: so just be careful don't get on wrong side
::: key resistance: 23.50c
::: key support level: 12-13 cents
::: recommended strategy: SHORT IT 23.50
::: SL 5% TP 40%
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply N/A
::: fresh demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: BULLS