Today we take a look at Ripple / Bitcoin
Ripple looks quite interesting at the moment ready for a large move
Confluences for a push upward -
- 0.62 Fib Level is holding
- Tight Accumulation Range ready to expand
- RSI showing strength
Target would be our recent highs + local Supply Zone
An invalidation of this idea would be a break and close below our green box
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Ripple looks quite interesting at the moment ready for a large move
Confluences for a push upward -
- 0.62 Fib Level is holding
- Tight Accumulation Range ready to expand
- RSI showing strength
Target would be our recent highs + local Supply Zone
An invalidation of this idea would be a break and close below our green box
Telegram link in bio
Trade active:
Target reached. Taking profits off the table. Looking for a proper break + re-test of range high to target our local highs for the short term.
A rejection off our current highs and we expect the scenario below.
A rejection off our current highs and we expect the scenario below.
Comment:
This is why you take profits. XRP currently re-testing our Supply Block. Watch for an impulsive move above our Block to confirm Bullish momentum
Trade closed: target reached: