XRPBTC- We've pretty much hit the bottom. for POLONIEX:XRPBTC by mychartslie

Interesting...the old top is the new bottom. I'm not entering this trade yet, but I may be soon.

Comment:

Can't tell if it's a fake leg or a true breakout. I'm going to need convincing before I enter this trade. If it doesn't hit about 12500 in the next couple days I'm going to hold off and try to catch another dip in the 9000s. If it goes full on bull then I'll hop on the train on the bottom of one of the cups.

BUT...long term target is 48000 I believe.

Comment:

Still not convinced yet that now is a good entry, even at 12400.

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.