XRP Wyckoff analysis, it is ready to take off Long

XRP / U.S. dollarBitstamp

Description

⋅ Jan 4, 2022 10:11 AM

Accumulation phase is almost over and it is Phase C right now.
TP1: 1.25 usdt
TP2: 1.69 usdt

Cancelled if closed below 0.65 usdt

⋅ Jan 5, 2022 12:24 PM

Due to BTC dominance I manually closed all my long positions.

Comments

Dejavu_TradeX

⋅ Jan 4, 2022 2:45 PM

There is alo Bearish Bat Formation in progress with D leg of 1.80 usdt

M313K

⋅ Jan 4, 2022 11:54 AM

Good job! Do you think we need april to take off?

Dejavu_TradeX

⋅ Jan 4, 2022 12:07 PM

@M313K, we cannot be sure about time. but my expectation is Feb unless BTC crashes

M313K

⋅ Jan 4, 2022 12:16 PM

@Dejavu_TradeX, Glad we have same thought on Feb. Before Feb 1.09, if breakout, we'll see up ahead.