ThinkingAntsOk

"Trading Idea on the Short Term" XRP (Ripple) By ThinkingAntsOk

Short
BITFINEX:XRPUSD   XRP / U.S. Dollar
1H Chart Explanation:

- Price is on an important point, under the Resistance Zone , on an Ascending Channel .
- Bearish Divergence on MACD .
- If price breaks the Ascending Channel , it has potential to move down towards the Major Resistance Zone at 0,37, being careful with the Middle Support Zone at 0,4305.

However, we still BULL on the Middle and Long Term. You can check this on the Related Ideas (on the Top and Bottom Analysis).

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Comments

Wan analysis. Earned a follow ; )
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