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DanilaC
Sep 6, 2019 11:30 AM

Is it time to LOAD bunch of alts? I think Yes - Start with XRP Long

XRP / BitcoinBinance

Description

I believe that we at the start of a beautiful short period for alt trading, basically any chart that is traded will has its impact, XRP hasn't touched monthly's MA5 for 6 months already, and September should be watched for monthly MAs (starting with MA5, which is from current buy point 48%).
There are many reasons WHY now, long story short - BTC's dominance is about to change which will boost alts.
This trading period will be all about getting a higher range (not ATHs - unless we talk about new charts).

Let's get excited together.

Disclaimer;
The above expresses only my own opinion, I'm not a financial advisor, you should always do your own diligence before considering investing into anything.

Trade closed: target reached

Update;
MA5 selling point has been reached.
Comments
cyberholz
Record high of BTC hash rate - how does this combine with your TA that alts are about to move?

bitinfocharts.com/comparison/bitcoin-hashrate.html
DanilaC
@cyberholz, charts don't move according to news / team members / project's success / mining hash rate and etc, I believe combing micro and macro resolutions is the best suitable result for specific short time trading.
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