davedesigns

XRP Almost Bottomed Out For Now

Long
davedesigns Updated   
POLONIEX:XRPBTC   XRP / Bitcoin
0
I held onto most of my position just taking a little bit of profit at the top last night. I'm still in the green on my margin right now but not by much.

Looking at 5 minute chart for a chance to expand - looks good and oversold right now. Hourly chart looks like it is approaching oversold so any entry price now is good.

Comment:
Actually if you look at each time frame, the stochastics and MACD are all oversold. When all the charts line up like that it usually means we are at rock bottom and a BIG reversal is imminent.
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