Technical analysis by samideluxe about Symbol XRP: Buy recommendation (10/17/2021)
https://sahmeto.com/message/2650393

samideluxe
Rank: 9842
Analytical Power:
1.5

It seems that we are about to breakout of the second triangle pattern which XRP formed during the current bull market.The breakout would confirm an eventual wave 5 of the current structure being formed since beginning of november 2020.How to trade this?Wait for breakout of the triangle towards the upside, then buy the re-test at approximately 1.17$The targets if breakout is confirmed should be:1) 1.37$2) 2$3) 4.10$ expected new ATHIf we breakdown, stop-loss will be set at approx. 1$Hope this helps!Happy Trading
Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$1.09