Hi all. Timeframe 1 week. Locally, Ripple, after declining in the downward channel, is consolidating at the support of the global upward channel. On the upcoming bull run, a fractal repetition of growth towards the channel resistance is possible. Depending on your type of trading, it is possible to recruit to spot now, with unlikely gains from green levels. Or go long on a breakdown/retest of the local channel. It should be remembered that the entry during a retest is the safest, but during a breakdown it may not be available. Marked goals and levels on the chart.
Comment:
after marking the Loy continues to move in the accumulation channel, there have been no attempts to break through yet, local work is possible in the internal channel with a step of ~33%
after marking the Loy continues to move in the accumulation channel, there have been no attempts to break through yet, local work is possible in the internal channel with a step of ~33%
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is at key support, you can look for long entry points on a lower timeframe