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Yuriy_Bishko
May 23, 2019 9:33 AM

XRP/USD, open buy near key zone Long

XRP / DollarBitfinex

Description

Everything looks like price will hit $0.33
For us, it will be a great opportunity to open long-term buy with goals $0.5 or $0.6

The main reason why I think the price will make a little drop to the key zone is: last days price is dropping down but volume decreasing. when big players want to move instrument they hold it. In such places, we see volume increase but not now.

The last place where volume increased was $0.32 14 May m wheels will hold that place with huge probability.

Support this idea with you like to see future updates

Comment

Price bounced up from $0.36 next goal is $0.41

Comment

You can close part of position because price rose up to $0.45

Trade closed: target reached

Comments
toxicenigma
No offense but your trading updates are a bit bipolar
Yuriy_Bishko
@joshwoodcock, hhahahahha
SpartaBTC
I think that the price of this coin will grow.
timn91
Quick question regarding your update: "Comment: Price bounced up from $0.36 next goal is $0.41 !"
Are you invalidating your original idea with this or do you only see this as a temporary uptick, within a still very much intact downward trend to ~0.32? Because I personally still agree with your first idea.
BillCharison
Thanks for your analysis! Good luck with XRP!
Yuriy_Bishko
@BillCharison, You are welcome)
lemonsandshade
I agree. 30 to 40 cent zone is good buying opportunity.
Yuriy_Bishko
@lemonsandshade, me too agree
OffTheChainCrypto99
Nice I am waiting for the next few candle on the 30 min to play out to enter a short short down to .32 and then go long back up to .38-.40

Lets see how it plays out.

Yuriy_Bishko
@OffTheChainCrypto99, I don't recommend to open the short currently
huge chance that price will rise without a pullback dow
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