tanglebot
Long

XRP BTC About to moon to 13000

BITFINEX:XRPBTC   XRP / Bitcoin
XRP looks solid now. It found support at 8800 and now slowly moving upwards. The daily chart also shows a neat cup and handle formation.

Buy now for a decent profit booking at 13000. Almost 35% gain in the coming days.
Trade active: Trade still active. If you look at the lower time frames, you can see huge accumulation going on. In 4H chart, you can clearly see the Wyckoff pattern with 8900 as support and 9500 as resistance. The coming week, there will be some huge announcement prior to or at the Blockchain meet party attended by Snoop Dog.
Order cancelled: Heavy resistance. Sell and short BTC. Buy BTC at 8800 and rebuy XRP at lower levels of 8200. From there, we will have a short spike to 8900.

Comments

Heavy resistance. Sell and short BTC. Buy BTC at 8800 and rebuy XRP at lower levels of 8200. From there, we will have a short spike to 8900.
Reply
Completely Agree with the idea. Ripple has a strong support in the 0.00009 BTC zone, so should go to 0.00010 - 0.00011 zone shortly
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