BYBIT:XRPUSDT 4H trend chart - With a downtrend line and long-term support zone, XRP is forming a triangle. Now we are approaching to the end of it. If price can take out the upper downtrend line, trading strategy as below. - Profit Targets: a)1.2308----Fib(1) b)1.3244~1.3623----Fib(1.272~1.382) c)1.4029-----Fib(1.5)
Stop losses: a)1.0500-----Red horizontal line - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!