FerTrade

XRPBTC still very bearish

Long
FerTrade Updated   
BITTREX:XRPBTC   XRP / Bitcoin
I think ripple will continue to go down for 5 a 6 months.
The charts speak for themselves
Comment:
Looks like XRP has some positive action. This looks good, but does not yet confirm a new uptrend. I see some similarities between now and last time it went down. See the circles on the daily chart.


Weekly chart is still bearish so it's to early to say that this is the end of the correction.
Comment:
Ripple is taking a bit longer to reach it low.

I've updated the chart:
Comment:

About 1 / 1,5 month looks like te right time to buy in for the next bull period :)

Let me know what you think!
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.