Expecting XRP to follow XLM and march upwards. Depending on how you look at this wedge formulating, price would USUALLY break to the downside (unless we're printing a sym triangle), however I think given the "pre halving pump" still hasn't manifested for BTC, we may be looking for an entire market rise pre halving before a dump and then gradual rise up to new highs. Invalidation will occur if BTC breaks current support at $7500 and drags the market down with it. Fingers crossed!
Note
We have entry, BTC is holding support. Note
Stop losses adjusted for a risk free trade, profit zone will also be adjusted if we continue the limp to 25 cents Trade closed: target reached
Note
Note: This trade now runs in profit, stops at 0.20800. You're welcome.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.