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Husain_Arkghazi
Sep 17, 2020 6:16 PM

Ripple #XRPUSD at a breakout level  Long

XRP / U.S. dollarBitstamp

Description

Hey guys welcome back again,

As you can see in this chart we are trading at a very critical price level. We have broken out of the ascending triangle but got rejected at the daily trend line.If we manage to break above which is very likely because we are getting strong buy signal from 21EMA & 52EMA crossover as well as Macd which is further supporting our prediction. So if we break above the trend line and close a daily candle above the trend line i think we will chase down our targets. If we don't break above the daily trend and get rejected i think we will just move sideways and stay inside the triangle until further price action.

Disclaimer:- This not a financial advice just a opinion.

A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :)
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this is Husain Zabir, signing out
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Comments
jonny_hastings
Good analysis....thanks for sharing
PolarHusk
VeryNiceWork
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