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  • Vasily Trader

XRPUSD: Aggressive Buying, When and How:



It looks like XRPUSD is preparing for a strong bullish wave.


On 8H chart we see a perfect example of a bullish accumulation:

the price sets a sequence of higher lows and respects the same highs.


0.5 is current horizontal resistance.


Wait for its bullish breakout (8H candle close above)

then buy aggressively or on a retest.


Goals will be:

0.56

0.63


in case of a bearish breakout of triangle's support,

setup will be invalid.

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