LONG opportunity ahead for Ripple

Тема в разделе "English", создана пользователем Trading Ideas, 26 сен 2020.

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    Trading Ideas Участник

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    LONG opportunity ahead for Ripple
    XRP / Dollar BITFINEX:XRPUSD
    channel-man
    Go9B65fc_mid.png
    Ripple can go up if it breaks the resistance area (grey rectangle ) and retests it, which means it will also retest the MA50 (blue line).

    1. Ripple is in a bullish channel and just touched the bottom.
    2. It just broke and retested a long term bearish channel (well visible on the weekly chart)
    3. RSI is turning bullish too (will be bullish once we go up a bit)
    4. retested and above the MA200 (black line)

    Trade not before break+retest. Target is the top of the new channel and the support area formed by recent M-shape.

    Let's see!!

    **Click like if you like this idea and leave comments! I will respond**
     
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