đ XRP/USDT Trading Signal Update
đ Current Overview
We are analyzing the XRP/USDT Perpetual Contract on Binance, focusing on the bullish phase forming on the chart.
đ Bullish Phase Formation
From the point indicated by the green arrow, XRP appears to be in a bullish phase, resembling an ABC pattern. Currently, we are in Wave B, which is taking the shape of a triangle, with our position in Wave D of that triangle.
đ Entry Strategy
We are looking for buy/long positions within the green range. If the price retraces to this range, we will enter our position.
đŻ Target Levels
Target levels are clearly marked on the chart for your reference.
đš Important Note
A daily candle close below the invalidation level will invalidate this analysis.
đĄïž Risk Management
Please remember to implement stop loss strategies and adhere to strict capital management.
Feel free to comment if you have any questions!
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