Here right now we have a nice scenario where the XRP is giving us the opportunity to look for a long, on the 4 hours chart I did not see a closure candle below our tringle formation, so, this means a potential spike up, then, on the hour chart we see how the price came back inside the triangle, so, i have drawn a small trend line as an indicator of high probability to go up first to meet the 0.32 region but the main objective is to touch by third time the triangle formation. Anyways, if we have the bounce, this is what is important for me.
Disclaimer: this is not an investment advise.
Disclaimer: this is not an investment advise.
Comment:
I forgot to mention that I need to see the next candle closing above the trend line in order to considerate the long, at the mean time, I am just waiting for the possible opportunity.
Trade closed: target reached:
Trade closed on 0.32$