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SeranFinance

XRPUSD 9/23 Short Term Analysis

Long
XRP (BITFINEX:XRPUSD)  
SeranFinance  
BITFINEX:XRPUSD   XRP
Trend Analysis Chart Patterns Technical Indicators XBTUSD
10
0
trendanalysis chartpattern indicator xbtusd
Position Long at 0.2680 ~ 0.2700
Stop loss: 0.2600

Reasons:
O Descending triangle pattern ongoing since Sept 19
O RSI currently at borderline 30, if broken may experience further selling pressure
O 0.2600 is an extremely durable support line
O Temporary increasing trend has not been broken since Sept 19
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