TradingView
tradeformula
Feb 14, 2020 3:06 PM

XRP's bull/bear transition Pt 43 

XRP / U.S. dollarBitstamp

Description

Hello everyone, looking at XRP again and in light of hitting long standing resistance with a lot of volatility, I do tend to believe that we'll revisit a higher low than before. I'm not sure what this target will look like, but I believe the days of .17 lows are over. That was the lowest low that XRP will ever see from now on. .27 is a reasonable target, .25 is a stretch target.

If you are selling, be wise and use stops and tight risk to reward ratio. I talk about that in this video using smaller time frame charts.

Thanks, and let me know what you think.

Comment

Oops, this was supposed to be #44

Trade active

Trade active, risk/reward managed to 1/25

Comments
Zanalysis
Good call on the 0.3375-0.345 sell off my guy
usamaxe
That’s the second short you called that went long.
tradeformula
@usamaxe, it's not over yet, lower high than the previous high

tradeformula
@usamaxe you were saying?
More