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RodrigoAguiarS
Dec 17, 2017 7:12 PM

Long XRP Long

XRP / U.S. dollarBitstamp

Description

Symmetrical triangle consolidating and volume coiling after the massive bull run from last week. Buy support on the 50 MA, Bollinger Band squeeze and oversold Stochastic RSI acting as bullish signals. A resistance breakout would theoretically imply a measured move of approximately 35% to the dollar mark.
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