Bongy-ggs

XRP chart

Long
Bongy-ggs Updated   
still holding nice support 1.00 -1.05, market is coming to a squeeze, we want to see a break to the upside of the blue downtrend line and a retest as illustrated on the diagram, if we don't the break to the upside high chances we will to down to the 0.80 level.
Comment:
on the 7th we had a fake break-out but we didn't have a confirmation to enter(good sign that the buyers are still not in control) and since we been trading under the blue trendline, lets see if we manage to break the down trendline and stay above it, in the coming day or two, or we go lower.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.