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Technical analysis by samideluxe about Symbol XRP: Buy recommendation (10/17/2021)

https://sahmeto.com/message/2650393
samideluxe
samideluxe
Rank: 9842
1.5
Buy،Technical،samideluxe

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
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$1.09
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