Because XRP is forming a bullish pattern And if XRP breaks the bullish pattern, then we will DCA and take our trades down.
Because it has previous support at $1.7.
If the bullish pattern fails, then we will buy again at 1.7$
The dotted line in the chart is showing liquidity meaning that if the pattern fails it could sweep the liquidity and test the 1.7$ support before going back up. $XRP
➡️Russian Finance Minister: Russia Is Using Bitcoin for International Trade
➡️Russian Finance Minister Anton Siluanov said on Wednesday that Russian companies have started using Bitcoin and other digital currencies in international payments, a result of legislation changes allowing such usage to counter Western sanctions. 🚀🚀🚀🚀🚀🚀
📎 On the monthly timeframe, we are seeing the capture of two fractal points. In 7 days, the monthly candle will close, and I can already anticipate the formation of inefficiency. This will act as a magnet for us.
💰 This is a unique trade! Right after completing the short setup, we’ll flip to a long position!
‼️✅✅ 🟠Accumulation zone (entry): $86 🟠Main targets: $146, $400
💸 We’ll support this trade with real-time metrics—paying attention to Bitcoin dominance, market reactions, and overall market cap.
➡New members, please take note of the Accumulation Zone — we place limit orders throughout the entire specified range! Maintain proper risk management: no more than 1%. 💡 After hitting the first take profit, we move our stop to breakeven (entry point) and optionally secure 25-50% of the profit! 💰✅
As soon as we hit 300 🔥 reactions here, a new asset will be published immediately!