LONG #XRPUSDT
LONG #XRPUSDT from $0.5067 stop loss $0.5042
1h TF. Two clear resistance levels were formed on the coin with a lot of touches, behind which the stops of participants who opened positions from them accumulated. There is also an undisclosed imbalance and an active buyer who pushes the price to update the highs, forming a triangle formation.
I am considering the formation of consolidation and movement due to stops before the overlap of bearish candlesticks.
1h TF. Two clear resistance levels were formed on the coin with a lot of touches, behind which the stops of participants who opened positions from them accumulated. There is also an undisclosed imbalance and an active buyer who pushes the price to update the highs, forming a triangle formation.
I am considering the formation of consolidation and movement due to stops before the overlap of bearish candlesticks.
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