Jeshua1212

XRPUSDT - range projection

Long
Jeshua1212 Updated   
BINANCE:XRPUSDT   XRP / TetherUS
Measures the possible price projection for XRP x0 . The large whale of over 1 billion in volume makes a good case that someone with smarts knows that this asset has a bright future. the platform where the exchange was made couldn't fill quick enough. Generally a whale or even a mini whale will be expecting to double their investment to take money off the table and that usually happens at the last resistance, so if the last solid resistance was a $ 3:00 you can expect a buy price of around $ 1:50...... anything lower than that is a bonus to stay on top of any possible draw down.
Comment:
Looking good so far. Price came down and swept the lows between 0.20 /0.70 on the fib after the wick down. Price is still holding inside the triangle . You could play it safe and wait for a break above or....
Comment:
Back in the green where we entered and swept throw the golden 61.8 fib, that's a positive sign.

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