tradeformula

XRP's bull/bear transition Pt. 53

Long
tradeformula Updated   
Today, looking at XRP/USD, XRP/BTC, BTC/USD, and SPY to assess where markets are going moving forward.

We take a brief look at the profitable setup I made during the last video, and continuation of that trade if everything cooperates as I think it might. I believe there's a good opportunity for XRP to push out of .20 and on to .24, depending on how connected it is with Bitcoin- which appears to be coming up against a pretty notable line of resistance.

Stay tuned- we'll see what happens.
Comment:
Sitting right on support, in an oversold position- could be a great opportunity for a buy if tight stops are used.


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