The situation is not simple.
There may be no retrace at all or retrace will be so deep that will brake all structure and uptrend will fail.
If you are not in a position, wait till we move up from this channel.
If you are already in position care because it can retrace deeper than we all think, but if you sell now, you may miss further movement upward.
The most reasonable would be to accumulate low positions and wait for channel brake confirmation.
XRP USD situation every day looks better and better, so we have a high probability of going further upward with XRP BTC.
There may be no retrace at all or retrace will be so deep that will brake all structure and uptrend will fail.
If you are not in a position, wait till we move up from this channel.
If you are already in position care because it can retrace deeper than we all think, but if you sell now, you may miss further movement upward.
The most reasonable would be to accumulate low positions and wait for channel brake confirmation.
XRP USD situation every day looks better and better, so we have a high probability of going further upward with XRP BTC.
Trade closed: stop reached