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CommFox
Oct 5, 2018 10:07 AM

Ripple Rumble? Long

XRP / US DollarBinance

Description

Squeeze is on!

Indicators supporting break up.
Dont forget the potential for market manipulation with this coin...

Comment

Please note; 0.50 is the invalidation level for this idea...
BB Support on the 24h and 4H

Bullish If the 24H candle can close above 0.52

Comment

We saw the break up above the downtrend line, but the bulls never ran...
Weak volume and a heavy resistance at the 200 EMA killed the breakout.
So some more consolidation...
The 24hr chart still showing a squeeze, and indicators still supporting the bulls.


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