Hi guys, Here's a very basic idea on where to expect a long entry.
1. XRP/USDT it's currently in a triangle pattern so we have to wait till it breaks the triangle to see where it's really going 2. In the mean while, we can also see a bullish trend line in a small timeframe:
What can we do about this?
*Risky move: Wait till it breaks the trend line, wait for a pullback (WAIT TILL THE CANDLE CLOSES BELLOW THE TREND LINE) and place a sell order. Take profits around the base of the triangle
*Safer move: Wait till it gets in the base of the triangle to place a buy order. Take profits around 0.32
*Let me know what you think about this idea! :)
Comment
⋅
We have reached the bottom of the triangle, time to place a BUY order