ForecastCity

Ripple , Another buy opportunity for XRPBTC in a new buy zone !!

Long
POLONIEX:XRPBTC   XRP / Bitcoin
Technical analysis:
.RIPPLE/BITCOIN is in a range bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance. as long as bullish exit in daily chart or daily RSI is not occurred, The uptrend will not begin.
.The RSI is at 38.

Trading suggestion:
Price is in the Buy Zone (0.00009 to 0.00006), we would set orders based on Price Action and expect to reach short-term targets.

.Beginning of entry zone (0.00009)
.Ending of entry zone (0.00006)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks).

Take Profits:
TP1= @ 0.000125
TP2= @ 0.000146
TP3= @ 0.000178
TP4= @ 0.000229
TP5= Free

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