Short term XRP retest 3$ 3.45$? Low Capital Medium Leverage.
Noticed the support zone have a range roughly 0.10c has a slow and steady W up trend. New to TA. It looks like its trapped between new resistance once broken previous resistance the new resistance is roughly 0.50c past the 0.10c range. Don't buy when breaking/being stopped by new resistance you should be able to wait a 0.10c window opportunity which will keep you in a good position with low capital and medium leverage. It should blow past 3$ and meet resistance at 3.45$. Prior to the pump in November it was forming a 5 Top wave pattern testing the 3$ it looks at it has / still is forming a 4-6 wave top on the smaller time frames as its pushing through resistance. Aimed for beginners.
Note
I'm currently in a trade , I intend to ride this up to the price target. 50-75% profit taken at 3$ then rest at 3.45$ look and wait for new entry point once calmed down , course this depends on how crazy or smooth it is. You can see the two purple lines. It hasn't come back past it since placing trade. No stop loss as my risk reward is worth it I haven't bet my entire margin. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.