Good news has been coming out about Ripple recently. I believe it is undervalued and the RSI agrees. It has failed to drop bellow support at 0.125 and may have started a reversal. Trade can be confirmed with high volume, RSI, MACD and a cross of the down trend line. With a TP of 0.39 there is a 6:1 risk ratio. After that we should see a new ATH. Profits may also be taken at 0.24 and 0.32.
WARING: Please be careful if following this trade, market is very unpredictable at the moment and I am still very new to trading.
If you like my idea and hopefully make some profit donations would be much a appreciated :)
153UWhQpPo8PD5VbKLexLHpJV5f9qPTmff BTC.
HAPPY TRADING :)
WARING: Please be careful if following this trade, market is very unpredictable at the moment and I am still very new to trading.
If you like my idea and hopefully make some profit donations would be much a appreciated :)
153UWhQpPo8PD5VbKLexLHpJV5f9qPTmff BTC.
HAPPY TRADING :)
Comment:
Down trend line touched, higher low formed at the 0.15 support, RSI at 43, MACD could be signing reversal. Looking promising but still waiting for more confirmation.
Trade active:
down trend broken
Comment:
First target reached, uptrend has started.
Comment:
UPDATE:
