Ripple perform bearish wave with channel down pattern. This channel down is not perfect because we have false breakout. right now chanel down resistance reach at 0.64725 If this resistance cannot broken, bearish will continue to reach $0.59480
Trade ativo
price action move same direction as our plan, right now we reach fibonacci support at $0.61703. bullish target at $0.67490, but right now, we only have this fibonacci as bullish pattern so, I will wait at $0.59510 and look for more bullish pattern to enter long position.
Nota
trading plan : buy at support $0.5951 or deeper at fibonacci support at $0.58344 target at $0.85352
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