Let’s take a look at how we can safely monetize this asset:
Looking at the daily timeframe, the asset is moving perfectly along the trendline, bouncing every time without taking out the longs’ stops. So I’ll be looking to build a position after a partial or full liquidity sweep.
At 70, there are beautiful equal lows that could trigger a bullish reaction.
There’s also a potential buyer reaction around 63 if price retests the monthly rejection block and we get some counter-volume.
Which asset should we look at next? 🔥 — XRP ❤️ — LDO 👍🏻 — YGG