TradingShot

XRPBTC Bullish divergence. Time to recover the lost ground.

Long
POLONIEX:XRPBTC   XRP / Bitcoin
Very simple bullish sequence indicating that XRPBTC is close to aggressively rise again. Besides the bullish divergence on the RSI , the price has completed almost 20 days above the 1D MA50, the first time it has done so since December 2018. All past such occurrences resulted into a strong bullish move. My idea as a medium term trade is to take the profit once the 1D RSI hits 87.00 or 94.00 (for the riskier ones)

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