Steffro

How to trade XRP

Long
Steffro Updated   
1. Divergence: Look how the divergence method gives us a heads up every time in advance. When the divergence appears it is all about to find next breakout on the RSI trend lines. I've drawn arrows every time the method tells us to do an entry.

2. Counting legs: We are now about to complete leg C. This is also last time it rised rapidly (12 December 2017). This could give us a sign what is about to happen next ;)

3. Moving Average: 50MA made it through the 200MA some months ago (19 May This year). A good sign! Also, look how the same thing happend before 12 December 2017. It made it through before going back below again, and then ---> To the moon :D

4. Support: Since we now are very close to the bottom line there is almost to risk to make a long entry. The same bottom line appeared earlier before 12 December 2017.

Good luck!
Comment:
Take off!
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.