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vh6889
May 8, 2018 1:42 AM

Ripple - How to trade? Long

BITSTAMP:XRPUSD240
XRP / U.S. dollarBitstamp

Description

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Price is moving on a wedge which supported by an uptrend line and RSI 8 confirmed for reversal. The cleavage of SMA 100 and SMA 200 is very good and Ichimoku cloud still up.

All of good conditions give us a trading opportunity. Order can be placed at the zone $0.82-$0.84.
  • Short term profit target: $0.9

  • Middle term profit target: $1.1

  • Long term profit target: $1.4, $1.7

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  • Stoploss: $0.7

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Comment

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The game is change, there are somthing might happen:

Comment

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Model has been broken, next support level: $0.62, $0.55

Trade closed: stop reached

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Stoploss reached, trade close.
Trend Analysisripplerippleusdrippleusdt
Comments
gibzymo
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Can u plz define short term, middle, and long term
vh6889
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@molamaenc7d9479618b54e1e, It's ok. short term: target within 24 hours, middle term: wihin 7 days and long term: within 30 days.
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