oh92
Long

XRP Approaching a Multi-Year Trend Line

POLONIEX:XRPBTC   XRP / Bitcoin
With Bitcoin dominance continuing to rise, XRPBTC is rapidly approaching a multi-year trendline.
There is no guarantee that this trend line will hold, however, a touch on this trendline should provide a decent bounce and an excellent scalp opportunity for those of us not short.

Entry: I was lucky enough to grap a 2865 entry on Mex , however my larger orders are down at 2700 sats .
Target 1: 3766 sats
Target 2: 4000 sats
Stop/Loss would be a daily close below this trendline.

I will be posting an article on BTC Dominance which will further support this trade so please give this a like or a follow to stay updated!
The link will be shared below.

I wish you all the best of luck!
Comment: BTC Dominance may be due for a correction:
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Comments

Great analysis!
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Good work.
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