We are in a squeeze at the time being. Buyer VS Seller!
If we take another leg down here and break the triangle there will be a lot of shorts taking profit around the 618 (In ripple/BTC) And the longs will get stopped out. Creating a smart money wave of buying at the 618.
If we retrace to the 618 I will be a buyer with a stop loss below the pivotal point of this up move.
If we break out of this squeeze upwards ill be a buyer at 0.328 USD
If we take another leg down here and break the triangle there will be a lot of shorts taking profit around the 618 (In ripple/BTC) And the longs will get stopped out. Creating a smart money wave of buying at the 618.
If we retrace to the 618 I will be a buyer with a stop loss below the pivotal point of this up move.
If we break out of this squeeze upwards ill be a buyer at 0.328 USD