samideluxe

XRP Near to Possible parabolic breakout

Long
samideluxe Mis à jour   
It seems that we are about to breakout of the second triangle pattern which XRP formed during the current bull market.

The breakout would confirm an eventual wave 5 of the current structure being formed since beginning of november 2020.

How to trade this?

Wait for breakout of the triangle towards the upside, then buy the re-test at approximately 1.17$

The targets if breakout is confirmed should be:

1) 1.37$
2) 2$
3) 4.10$ expected new ATH

If we breakdown, stop-loss will be set at approx. 1$

Hope this helps!

Happy Trading
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