XRP bounced from the recent drop. If you look at fibs it bounces in the golden zone so it can be still bullish. Target is between $1 and $1.25. Great RR put a SL under the recent low.
You can see bullish divergence with the osscilators, it is making a bull flag you can wait until it breaks up but I think its a good buyspot now. You can also take into account the recent drop the stock markets had which should make the dollar come down in value, making BTC and alts more valuable.
Zoomed out view to see the RR
You can see bullish divergence with the osscilators, it is making a bull flag you can wait until it breaks up but I think its a good buyspot now. You can also take into account the recent drop the stock markets had which should make the dollar come down in value, making BTC and alts more valuable.
Zoomed out view to see the RR
Trade closed manually
Closing this for now. Not comfortable with how this played, you can see it broke out but not with any strength.See it on a bigger timeframe for possible target. So for now close but keeping watching for a good break with high volume or big sell to catch the low.
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Wrong image!Note
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This is wat you been waiting for Wait for a buy and be careful/. Note
I have the best timing in the game/Note
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Smart SL your in the money now. My target is 1550 @ 10x : )
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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.