Greetings! So what does Ripple have? I have already dropped all positions on it. It worked well and now it's time to look for a new entry point. I depicted all my thoughts on the chart. Let's break them down: Global levels work great. We didn't even have to redraw them, the support trend line copes with its task, although not without slippage. I would also like to draw your attention to the fact that we have returned to the main ascending channel. Now you need to gain a foothold in it. I also noticed that all this looks like a triangle as in the chart, but I will not draw any conclusions yet. Let's see how it goes...
Based on all of the above, I think that Ripple can go down to the bottom of the ascending channel in the region of 28¢. Then a sidewall with an exit upwards is possible. Don't forget about slippage! Take them into account when determining entry points and setting a stop loss.
If you like my ideas, please click the "Like" button. I'll be glad.
Have a nice day and let the profit be with you!
Based on all of the above, I think that Ripple can go down to the bottom of the ascending channel in the region of 28¢. Then a sidewall with an exit upwards is possible. Don't forget about slippage! Take them into account when determining entry points and setting a stop loss.
If you like my ideas, please click the "Like" button. I'll be glad.
Have a nice day and let the profit be with you!
