Are we seeing a Classic Break and Re-Test here? i'm going to wait here and see if we break out and close above (0.2475-0.25) and would Long from there and have a nice stop/loss in the .21 area and the first area of profit taking could occur near .265 if we break through this area as i anticipate we will, then we can see a re-test of .28, .30 and then eventually...
This is for educational and entertainment purposes only, this is the first time that i'm doing a chart and i am open to feed back?! here seems to be a nice 10+% set up to pick up xrp here at the bottom of this channel and hold until the .26 area, if we're able to flip resistance turn support then i will enter a long from that correction to retest the breakout,...