IanMihura

XRP/BTC pair in accumulation period

BINANCE:XRPBTC   XRP/比特币
XRP is falling into a wedge. We'll see it break before soon, and it might break to either side.
Targets for long position:
  • Conservative: above the 100EMA (green)
  • Risky: above the 200EMA (orange)

Bias towards the long position confirmed with the Stochastic RSI divergence.

I also wait for further volume indicators to confirm the bias.
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