EthanTW

XRPUSDT - Entry timing in the Triangle!

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BYBIT:XRPUSDT   XRPUSDT SPOT
XRPUSDT
4H trend chart
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With a downtrend line and long-term support zone, XRP is forming a triangle.
Now we are approaching to the end of it.
If price can take out the upper downtrend line, trading strategy as below.
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Profit Targets:
a)1.2308----Fib(1)
b)1.3244~1.3623----Fib(1.272~1.382)
c)1.4029-----Fib(1.5)

Stop losses:
a)1.0500-----Red horizontal line
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Feragatname

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