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roastednuts
May 17, 2019 8:29 AM

Long to 58 cents update Long

XRP / DollarBitfinex

Description

Entry at 61.8% fibonacci retracement. Target 58.34 cents

Update to previous idea. Fibonacci retracement level updated

Comments
roastednuts
Still on track with this trade although a little slower than first thought ... i was of the opinion it would be this week and it could well still be. However, the pattern I am waiting on is possibly another week away,,,, 27th May/ 28th May.

The pattern should play out in the same way we experienced late March 2017.. there will definitely be a sharp burst upwards, minimum target is 58-59 cents. this is my minimum target with spikes through to 90 cents
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