Yuriy_Bishko

XRP, what are the preconditions for growth?

Long
BINANCE:XRPUSDT   XRP / TetherUS
The XRP chart has a very good picture on the technical analysis side.

Preconditions for growth:
- accumulation.
- squeezing near the trend line
- a fake breakout of the trend line
- liquidity collection
- volume appeared at the bottom
- bitcoin is in consolidation

In case of a false breakout there could be a good buying opportunity.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

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