Ripple - within correction movement - how to trade
Dear traders,
the Ripple price is within up movement since beginning of January and reached a strong resistance area. We can expect down movement to at least 0,5 Fibonacci retracement line. If the market start to build bottom at this area we can expect the green possibility number 1. If the price falls under 0,5 retracement line and up trend line as well we can expect with high probability the red possibility number 2.
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Feel free to leave a comment or to share your idea.
the Ripple price is within up movement since beginning of January and reached a strong resistance area. We can expect down movement to at least 0,5 Fibonacci retracement line. If the market start to build bottom at this area we can expect the green possibility number 1. If the price falls under 0,5 retracement line and up trend line as well we can expect with high probability the red possibility number 2.
When to open short or long at smaller time frames will be published in our VIP group. Contact us for further information.
Feel free to leave a comment or to share your idea.
Comment:
market still hasn't shown any strong sell signal
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
