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giltwenty
May 1, 2019 10:51 PM

xrp long Long

XRP / U.S. dollarBitstamp

Description

Daily chart shows Bullish engulfing off Support zone in green

4hr chart has double bottom and RSI divergence

Market structure showing Higher High.

IF theres a BULLISH engulfing candle off the 38.2 fib this would be bullish (hyper) and a buy signal.

Wait for confirmation by seeing where the bulls are in control of price action. It could be previous zone @ 61.8 fib

STOP below
.28c

Comment

Structure looks like a bull flag on the 6hr chart.
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