First, please take a look at my previous analysis and positions. As the outcome of the Ripple court is approaching, there is a possibility that the price will jump to higher peaks. The current level of the price is near the middle line of the long-term price-channel, which in case of more pressure from the sellers, the price can fall to the levels below the second yellow area. Of course, I foresee a bullish scenario!!!
between now and the yellow areas, you can open a long position in two steps.
If the price rises and reaches the yellow line, you can risk-free the position.
TP1-2 are on the chart.
The optimum stop-loss is below the second yellow area.
Please share ideas and leave a comment, let me know what's your idea. CrazySโ