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danielcabreja
Jun 3, 2018 10:22 AM

XRPUSD - Sunday analysis - The bulls are back? Long

XRP / DollarBitfinex

Description


Weekly and monthly timeframes have bullish variations that touched the 88.6% prz and reversed. 1HR and 4HR created a higher high and broke the .65/.64 range. I believe we have cleared the lowest low for cryptos and are now on an uptrend with more stable data and great reports for USD this past week.

This trade has 5 confirmations in the 1H chart alone. Looking bullish for this upcoming week. Looking to potentially stack at 38.2%. Will do another analysis after market open.

Trade active

Looking to reach next mpz at 0.70500
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