Ripple for 350% increase
I believe ripple will reach ultimate target of 1.05 on two steps.
First is towards 0.78 to initiate soon, as XRPBTC is charging to explode upwards.
Price would retrace later following a dump in crypto's, where bitcoin will retrace back towards a trade line at around 6000$ which will drag XRP with it in terms of sentiment etc...
Second increase will occur towards 1.05
There is very low probability that the three moves will be correct, therefore I will only trade in the Long direction, from now till 0.77 then from 0.36 till 1.05. (shorting is very risky)
First is towards 0.78 to initiate soon, as XRPBTC is charging to explode upwards.
Price would retrace later following a dump in crypto's, where bitcoin will retrace back towards a trade line at around 6000$ which will drag XRP with it in terms of sentiment etc...
Second increase will occur towards 1.05
There is very low probability that the three moves will be correct, therefore I will only trade in the Long direction, from now till 0.77 then from 0.36 till 1.05. (shorting is very risky)
Note
Exiting at 0.29716% gain
Will reverse trade in a different post
Trade closed manually
Exiting at 0.29716% gain
Will reverse trade in a different post
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.