Looking at the XRP/USDT Daily Time Frame, we can get an idea where and WHY price is moving the way it is:
- We see that ALL previous buyside has been swept.
- This should indicate BULLISH order flow.
- Every bullrun hits it's breaking point but where will that be???
- We see that there's more Buyside that's yet to be swept and I'm thinking it will sweep them soon in the near future.
But WAIT .... There's More!
- Right above the highest high, there is a GORGEOUS Daily SIBI resting right above.
- Sadly, it hasn't been tapped yet :(
- If it gets tapped, will XRP rise or will that be it's Downfall???
- There's only one way to find out ;)
- I'm patiently waiting for potential opportunities that allow a solid 2:1 RR trade to be taken.
(DISCLAIMER) THIS IS NOT FINANCIAL ADVICE! THIS IS MY PERSONAL OPINION AND I COULD BE 100% INACCURATE IN MY ANALYSIS. DO YOUR OWN RESEARCH AND ANALYZE YOUR OWN CHARTS. TRADING IS EXTREMELY RISKY SO BE CAUTIOUS AND TRADE AT YOUR OWN RISK!!!