ripple being a relatively young traded instrument with a significant trading volume on the daily, its relavent to observe its chart in the lower time-frames for market setups.
T.A - I see a clear respected resistance.
F.A - seller ratio is at 71% on 30min & 64% on H4 , it would be wise for the markets makers to use the built-up seller volume to make a quick bull move.
There are 2 news events which help in completing the wedge , and using the abundant seller volume which is built up here, i don’t think the bears gonna tease a little pullback but the way I see it, it’s a long !
there were plenty of sell orders from the beginning of the week , now that most S.L were hit and also a clear resistance at .85 , I decided to sell. only basing on TA.
