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ForecastCity
Aug 10, 2020 8:02 PM

Don't miss the great buy opportunity in XRPUSD Long

BITFINEX:XRPUSD60
XRP / DollarBitfinex

Description

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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2901). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XRPUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.

Take Profits:
TP1= @ 0.2984
TP2= @ 0.3100
TP3= @ 0.3250
TP4= @ 0.3496
TP5= @ 0.3793

SL= Break below S2

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ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsxrprippleUSDdollarxrpusdxrpdollarrippleusdrippledollar
Comments
AdonisB
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Great breakdown on short term trades.
ForecastCity
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@AdonisB, Thank you for sharing your feedback. 🍀
Kamryn
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Excellent analysis. Keep it up 👌
ForecastCity
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@Kamryn, Thank you! We appreciate your comment.
Josef_anderson
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Appreciate your help
ForecastCity
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@Josef_anderson, Our pleasure!
Sir_Ray
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Clean analysis
ForecastCity
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@Sir_Ray, Thank you! We appreciate your comment.
Kristalyn
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excellent
ForecastCity
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@Kristalyn, Thank you!
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